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Sunstone Hotel Investors, Inc. Sells LAX Hotel For $50M

Property Image
SOLD
$50,000,000

California

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Hotel216,354 SF
Sold 11/07/2019
the dealdetailscomps
Property Image
SOLD

Sunstone Hotel Investors, Inc. Sells LAX Hotel For $50M

4427 W El Segundo Blvd, Hawthorne, CA, USA

See Similar Deals
Hotel216,354 SF
Sold 11/07/2019
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Hotel
Price Per Square Foot:$231
Total Square Footage:216,354 SF
Transaction Type:Sale

A hotel located at 4427 W El Segundo Blvd in the LAX market has been sold for $50,000,000. The property consists of 187 units, with a per unit price of $267,000.

Summary of transaction details

  • Property Type: Hotel
  • Transaction Amount: $50,000,000
  • Address: 4427 W El Segundo Blvd
  • Market: LAX
  • Units: 187
  • Price Per Unit: $267,000

Sunstone Hotel Investors, Inc., represented by John Arabia, acted as the seller in this transaction.

Players

SI
Sunstone Hotel Investors
SELLER

Details

SOLD
IMAGE: John Arabia DATE: 11/07/2019 ADDRESS: 4427 W El Segundo Blvd MARKET: LAX ASSET TYPE: Hotel SELLER: Sunstone Hotel Investors, Inc. - John Arabia PRICE: $50,000,000 UNITS: 187 PPU: $267,000

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