San Diego Business Journal

Downtown Hostel Building Sold for $4.7M

Tuesday, November 27, 2012

Lucky D’s Hostel, located in a nearly 100-year-old downtown San Diego building, has been sold for $4.7 million, according to CoStar Group.

The buyer was HPE 615 8th Avenue LLC and the seller was Barry Hotel LLC, both locally based. The 25,000-square-foot, 56-room hospitality property is at 615 8th Ave. and was built in 1913.

The property includes Lucky D’s Bar on the ground floor of the five-story building. Broker Urban California represented the buyer, and the seller represented itself.

— SDBJ Staff Report