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.