Description

Prime location, Hotel in Inglewood, on the market for the first time in 30 years. 175 room hotel one mile from LAX, built in 1961 with a swimming pool. Property also has a very large two story restaurant space that holds a liquor license. The hotel is currently closed to the public and many rooms are not operational. This is a great renovation opportunity in a desirable location in the midst of a major transformation.

The hotel is located directly across the street from Hollywood park and the new football stadium which is the future home of the Rams. The stadium that Inglewood approved will be the NFL’s biggest, at nearly three million square feet. The seating area will hold 70,240 seats, plus room for 30,000 more in standing-room only conditions. It features a sail-shaped roof that’s twice as big as the stadium and shelters the football field, and an adjacent 6,000-seat performing arts venue. The Hollywood park includ es plans for a 120,000sf new casino, and 620,000sf of high end retail space.