This Hospitality Property is no longer advertised on LoopNet.com.

1473 Monterey St
San Luis Obispo, CA 93401
Petit Soleil · Hospitality Property For Sale · 6,137 SF

Investment Highlights

  • Rated #1 in the area by Tripadvisory, 4.5 stars on Yelp
  • Great repeat business with no utilization of online travel agents
  • Back on track in September 2020 after April and May 2020 closure
  • Owners retiring after 18 years. Exceptionally well maintained
  • Gross room revenue typically between $700K and $800K
  • Walk to downtown San Luis Obispo

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.28 AC
Building Size 6,137 SF
No. Stories 2
Year Built/Renovated 1952/2024
Tenancy Single
Parking Ratio 4.89/1,000 SF
Corridor Exterior
Zoning CT - Tourist Commercial

Amenities

  • Balcony
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 001-231-005
  • 001-231-006
Land Assessment
$2,080,800
Improvements Assessment
$1,711,610
Total Assessment
$3,792,410
  • Listing ID: 22241867

  • Date on Market: 2/15/2021

  • Last Updated:

  • Address: 1473 Monterey St, San Luis Obispo, CA 93401

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