1141 Silverado Street, La Jolla, California 92037

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.