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The Chatsworth Hotel Sells for $9.2 Million

The former Radisson may again carry a national brand name.

The Chatsworth Hotel, which until recently carried the Radisson brand, has been sold for $9.2 million or $62,162 per room.

The 148-room property at 9777 Topanga Canyon Blvd. was sold by LaeRoc Partners to Cheng Wu. The liquor license was transferred as part of the sale. Wu was not further identified.

The hotel may again become a branded hotel in the future, according to CoStar.com, a real estate information company. The property, built in 1982, was reportedly sold in a short sale transaction, which means it was assessed at a value less than the mortgage.

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Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
Dori May 19, 2013 at 10:39 pm
You should post this on the CHS alumni facebook page as well.Read More https://www.facebook.com/groups/6128777297/
Mae Jung April 28, 2013 at 11:35 am
Thank you so much for all your hard work cleaning the area east of Canoga on Rinaldi. We walk onRead More that street many mornings and pick up litter that people leave behind. Looks wonderful