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Just-built Los Angeles hotel sells in one of city's top 2024 deals

136-room Holiday Inn opened earlier this year in a neighborhood with growing demand
The 136-room Holiday Inn & Suites Monterey Park includes 2,000 square feet of meeting space. (Brannon Boswell/CoStar)
The 136-room Holiday Inn & Suites Monterey Park includes 2,000 square feet of meeting space. (Brannon Boswell/CoStar)
CoStar News
December 11, 2024 | 12:25 AM

A local investor has snapped up a brand-new hotel in a rare Los Angeles transaction ahead of a spate of tourist-centric events culminating in the 2028 Olympics.

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