1141 Silverado St, La Jolla, CA 92037

Property Description

31 room fully operational hospitality offering
 Located 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.