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Two Hotels in Southern California for Auction

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Listing Information


Two Hotels in Southern California for Auction

Price: Not Specified

Other Item Info
Item #: cacbke_1635488
Created: 07/19/2014
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Location: Los Angeles, California
Sale Date: Thu. Aug 7, 2014
Primary Office Location: Pomona, CA
Seller Info
David Golubchik
Debtor's Attorney
10250 Constellation Blvd Ste 1700
Los Angeles, CA 90067
(310) 229-1234
Bankruptcy Info
Case #: 2:14-bk-13028
Case Title: Coastline Investments LLC
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents


Auction Sale of 2 hotels, (i) Hilltop Hotel and (ii) Diamond Hotel which are described below:

  • Hilltop Hotel - The hotel located at the top of a prominent hill with sweeping views in Pomona, California. The Hilltop Hotel consists of 130 suites located on three acres of hilltop property by Interstates 10 and 57, Cal-Poly Tech University, and the Los Angeles County fairgrounds, Fairplex. The Hilltop Hotel has three hotel floors along with two levels of parking and features an outdoor pool, spa, exercise fitness center, sauna, steam room and a beautiful, full service restaurant, lounge, meeting spaces and a banquet ballroom to accommodate approximately 300 guests. The fair market value of the Hilltop Hotel is approximately $12 million.
  • Diamond Hotel - This is a 161 room hotel located in Pomona, California. The Diamond Hotel is a full-service hotel, which includes a business center, meeting facilities, pool, spa, fitness center, steam, sauna, and offices. A restaurant is on the premises but has stopped food service for the time being. The fair market value of the Diamond Hotel is approximately $12 million. 

Sale Location

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255 E. Temple St
Los Angeles, CA, 90012

Additional Details

Auction in "Ctrm 1645" @ 10:00 a.m.

Bid Deadline: August 1, 2014
Deposit Amount: 3% of the proposed purchase price

Proposed Sale Price:
(i) Diamond Hotel - $8,275,000 subject to overbid;
(ii) Hilltop Hotel - no price set

Last date to respond - July 24, 2014

Other Information

Terms and Conditions:

See attached.

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