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Ventura's historic Pierpont Inn to be sold at auction

May 27, 2012|By Roger Vincent
  • A cottage at the Pierpont Inn in 2001.
A cottage at the Pierpont Inn in 2001. (Annie Cusack/Los Angeles…)

The Pierpont Inn & Spa, a century-old Ventura hotel that once served as a getaway for L.A.’s upper crust, will land on the auction block next month in a bankruptcy sale.

The Arts and Crafts style hotel was built in 1910 by Josephine Pierpont and is the oldest hostelry in Ventura County. A 1916 story in The Times called it “an inn of the highest class” and praised its views of the Channel Islands.

The 76-room hotel on 6 acres near Highway 101 lost more than $1 million in 2011, however, and the owners were unable to pay their debts, according to documents filed in federal Bankruptcy Court.

The auction will be June 7 in Los Angeles, said real estate broker Karine Aslanian of Paramount Real Estate & Property Management in Glendale, who is showing the property to qualified bidders.

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