Pacific Coast Commercial is thrilled to announce the successful sale of 1821-839 Santa Clara Place. “The Santa Clara Motel offered our client the unique opportunity to reposition a generational trophy asset in one of San Diego’s most desirable coastal tourism hubs. It will be exciting to see our client effectuate their plans for the site and capture the true value of such a desirable location,” stated Colton Speas.
Comprising of four separate parcels in one of San Diego's premier beachfront communities, this asset features four buildings totaling 8,000 sf, each situated on its own feet parcel occupying a total land area of 10,500 square feet. Nestled just steps away from the beach and surrounded by endless retail and entertainment choices, this property is perfectly ready and waiting for a conversion into short-term vacation rentals. The successful sale, totaling $7,700,000, was closed on December 20, 2023.
Hats off to Tommas Golia, Colton Speas, and Jason Vieira from Pacific Coast Commercial for effectively representing the buyer.
SALE DETAILS
Buyer Representation Company: Pacific Coast Commercial/TCN Worldwide
Broker Rep: Tommas Golia, Colton Speas, and Jason Vieira
Property Type: Beach Motel Building
Square Footage: Approx 8,000 SF located on 10,500 SF land
Sale Price: $7,700,000
Seller Name: Investment Property Exchange Services, Inc., as Qualified Intermediary for American A-One Investment Company, a California Corporation
Buyer Name: Hotel Santa Clara LLC, a California limited liability company
For More Information:
Agent(s) Name: Tommas Golia, Colton Speas, and Jason Vieira
Phone: 619-469-3600
Email address: PrivateInvestmentTeam@PacificCoastCommercial.com