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Fully-Renovated, Turnkey Hospitality Investment in Los Angeles’ Vibrant Koreatown Neighborhood



Fully-Renovated, Turnkey Hospitality Investment in Los Angeles’ Vibrant Koreatown Neighborhood



INVESTMENT SUMMARY

Address 3206 W 8th St, Los Angeles, CA 90005
Rooms 51
Commercial 2 spaces with liquor licenses
Size ±26,015 SF building | ±5,400 SF lot
Parking Potential to lease 30 spaces from adjacent lot
Year Built | Renovated 1926 | 2019/2020

H Hotel underwent a multi-million dollar renovation in 2019, blending historic charm with modern upgrades.

H Hotel, located at 3206 W 8th Street, is a fully renovated 51-room luxury boutique hotel, with two ground-floor retail spaces, both equipped with liquor licenses. Originally constructed in 1926, this iconic four-story building has undergone a meticulous, multi-million-dollar renovation that beautifully blends its historic 1920s charm with contemporary upgrades. Spanning 26,015 square feet on a 5,400-square-foot lot, the hotel showcases mid-century modern finishes, a striking lobby, elegant common areas, thoughtfully designed rooms, and upgraded systems throughout. The property also features a beautiful 1,350 square-foot restaurant occupied by H Café, which is widely recognized as one of the most popular spots in Koreatown for brunch and craft cocktails. Additionally, there is a vacant 2,500 square-foot retail space on the ground floor, providing an opportunity for the new owner to add a tenant and increase rental income.

7.25%

Implied Cap Rate

8.22%

Pro Forma Cap Rate


Opportunity Highlights


H Hotel is a fully renovated 51-room luxury boutique hotel with two ground-floor retail spaces featuring liquor licenses—one leased to the popular H Café and one vacant, offering immediate upside.

This is a rare opportunity to acquire a stabilized, turn-key asset with strong in-place income and potential to increase NOI through retail lease-up and continued neighborhood growth.

H Hotel underwent a multi-million-dollar renovation completed in 2019, blending historic character with modern upgrades across all rooms, common areas, and building systems.

The property features iconic art-deco design with curated interiors including mid-century modern finishes, luxurious bathrooms, exposed brick and motif walls, new flooring, and flat-screen TVs.

H Hotel is nestled in a prime Koreatown location— one of L.A.’s most vibrant and culturally rich submarkets with strong year-round demand.

1,350 SF leased to H Café and 2,500 SF vacant retail space offer both stable cash flow and valueadd potential.

Just one block from Wilshire Blvd and walking distance to acclaimed restaurants, nightlife, shopping, and entertainment.

Centrally located near major demand drivers including Downtown L.A., Beverly Hills, Century City, Hollywood, and Wilshire Center.

9-minute walk to the Wilshire/Normandie Metro Purple Line station (currently expanding west), with quick access to the 10, 101, and 110.

Built in 1926, the H Hotel is an iconic structure showcasing the Hollywood glamour of the renaissance revival period.


Property Highlights

Rare opportunity to acquire a 51-room, luxury-boutique hotel and two retail spaces with liquor licenses in prime Koreatown, Los Angeles

Turnkey investment opportunity that completed a full multi-million-dollar renovation in 2019/2020

Iconic art-deco hotel featuring a unique mix of upscale rooms and suites, a beautiful lobby and common areas, and a trendy groundfloor restaurant

Thoughtfully designed rooms including mid-century modern finishes, luxurious bathrooms, stunning exposed brick and motif walls, new wood and tile floors, and flatscreen televisions

Features unparalleled upgrades and aesthetics while preserving the architectural significance and timeless details of old Hollywood glamour

Additional income from the ground-floor restaurant space leased to the newly renovated H Café, one of Los Angeles’ most popular and trendy brunch destinations with a full liquor license

Approximately 2,500 square feet of vacant retail/ commercial space, allowing an opportunity to add value and additional income

The H Hotel preserves the elegant architecture of the past while offering the comforts & upgrades of a modern hotel.

Located in the heart of Koreatown, one of the most coveted submarkets in Los Angeles.

Location Highlights

Located in the heart of Koreatown, one of the most coveted submarkets in Los Angeles known for its cultural heritage, bustling nightlife, and eclectic entertainment options

Amenity rich location with a Walk Score of 96; a Walker’s Paradise

Only a block away from Wilshire Boulevard and walking distance to an array of Los Angeles’ most famous restaurants, entertainment venues, shopping, and nightlife

Excellent access to transit; only a 9-minute walk to the Wilshire / Normandie Purple Line Station that is currently undergoing an expansion, and convenient access to the 10, 101 and 110 freeways

Centrally located near major employment centers and tourist destinations including Downtown Los Angeles, Wilshire Center, Beverly Hills, Century City, Hollywood, and West Hollywood

Amenity-rich location surrounded by an array of restaurants, shopping, hotels & nightlife options.

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