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Closed
- Listed price
- $2,490,000
- Listed Dec 9, 2016
- Sold price
- $2,125,000
- Sold Aug 31, 2017
000|190 MLS days on market
4354 HWY 78, Julian, CA 92036
Property Description
Prime motel in the highly sought after julian area. Property consists of 16 motel units + duplex, 2200 sqft home, and a 2200 sqft leased restaurant. Land area is 4.63 acres, with good producing well. Gross annual scheduled income, if all improvements were income producing, then $294,142. Consists of 16 unit motel ( 7,500 sqft) $205,000 annual, duplex (800 sqft per unit) $32,000 ann, sfr (2200 sqft) $27,600 ann, restaurant (2200 sqft) $30,000 ann. Owner says projected motel income could be increased 10% per year, . Currently the home is occupied by owners. Gourmet restaurant on long term lease. Scheduled noi for all improvements approx $223,000. Cap rate approximately 8%. Note: if clients book by expedia $165, if direct $125. 25% of bookings are expedia. Owner doesn't use airbb or have website to promote motel. Located in wynola area with restaurants, evening entertainment, antique shopping, wine tasting, craft brews, moms apple pie, gold mining etc short walking distance. Dont miss this exciting opportunit
Listing agent: Dennis FriedenDRE #00388486def12358@aol.com, Listing office: Julian Realty
MLS data updated 10/30/2026, 4:12:09 PM PT
Source: CRMLSMLS #: 160064689
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,125,000
Aug 31, 2017
Available records12017
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92036 · Oct 2026
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ZIP 92036 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
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