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La Jolla, 1141 Silverado Street

1141 Silverado Street, La Jolla, CA, 92037

$8,250,000 No Taxes

Listing Number: SB19114117 Listing provided courtesy of Vista Sotheby's International Realty
About this listing
31 room fully operational hospitality offeringLocated in the heart of the village in La Jolla, 3 blocks to the ocean & La Jolla cove. Built in 1952 by Travelodge & leased by Travelodge until 2001.Prime 14,000 square foot corner lot at Silverado Street & Herschel Avenue. Approximately 9,700 square foot building with 2 stories and a partial 3rd story. Additionally, there are 2 outdoor decks for entertaining. The property allows for upside potential to a boutique hospitality property with an opportunity to increase revenue.7 rooms with two double beds.?1 Family room with 2 double beds & a single. 10 rooms with queen size beds.12 rooms with king size beds.Managers unit with 2 b/ 1b .Seller selects services.Please do not go on property without permission & do not speak with employees.Building size was obtained from the original building permit.All rooms with individual heat/AC unit.Reception area. Laundry room. Maintenance room.19 parking spaces.All rooms have microwave, coffee pot, fridge, flat screenTVs, head boards dining table & 2 chairs, bedside tables, lamps & hairdryer.Property is situated in LAPD Zone 2 allows for a mixed use project for residential/retail/ office.Offering owners and investors a rare opportunity to acquire a class A location in one of the most coveted beach communities in the U.S.A.Property could be managed at a higher occupancy to increase revenue.On hold till further notice.
Property Information
  • Property Type: Other
  • Approx year built: 1952
  • Address
    • County: San Diego
    • Directions: Silverado Street & Herschel Avenue
    • Property Location: San Diego
  • Property Features
    • Water Source: Public
    • MLS Area: La Jolla
    • Unit Total: 31
    • Virtual Tour Link: https://youtu.be/U8kXhnrLxSE
    • Zoning: LJPD2
    • Building Total Sq Ft: 9754
    • APN No: 3503320100
    • Utilities: Cable Connected,Electricity Connected,Phone Available,Sewer Connected
    • Condition: Existing
Courtesy Of
Susan Larison
Vista Sotheby's International Realty
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