The 14-Story California hotel for sale is located in downtown Los Angeles, and it is being priced at under $85,000 per key. This fee-simple hotel was originally built in 1926, but it was renovated in 1983. The hotel has 295 guest rooms, and it also includes a few suites. The hotel amenities has a 3,180 square foot restaurant, a 1,135 square foot bar, and four meeting/banquet space. There is also ample parking as the property also contains a parking garage.
David Bowman has been with the hotel brokerage firm since October of 2001. He began his professional career as a Certified Public Accountant for an internationally recognized accounting firm and he remains a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants. He was also involved in several high tech ventures prior to joining the Southern California hotel brokerage. David Bowman holds a Bachelor of Science Degree from the Krannert School of Management at Purdue University and a Masters of Business Administration Degree in Accounting and Financing from the Kelly School of Business at Indiana University.