$6,500,000 Refinance Secured for Hospitality Property in San Diego, CA
Apr 2, 2026 Bank
Deal Summary
California Bank of Commerce recorded a $6,500,000 deed of trust on a 12,000 square foot motel at 410 Elm Street in downtown San Diego. The loan was executed April 2, 2026 and recorded April 20, 2026 in San Diego County under document 109766. County records list the owner as Surf Cowboy Elm Llc.
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Transaction Details
- Closing Date
- Apr 2, 2026
- Loan Amount
- $6,500,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Hospitality
- Source
- County record
Property
- Address
- 410 Elm St
- City, State
- San Diego, CA
- Market
- San Diego
Property Facts
- Building Size
- 12,176 sq ft
- Lot Size
- 9,997 sq ft (0.23 ac)
- Year Built
- 1935
- Stories
- 2
- Buildings
- 1
- Zoning
- CC-3-4
- Subtype
- Motel
- Units
- 54
- Floor Area Ratio
- 1.22
Sale History
Last sold Feb 10, 2022. Prior owner OCCIDENTAL LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 20, 2026 | CALIFORNIA BK/COMMERCE | $6,500,000 | Deed Of Trust | CONVENTIONAL |
| Jun 21, 2022 | BANK OF STHRN CA | $5,340,000 | Deed Of Trust | CONVENTIONAL |
| Mar 13, 2017 | BANNER BK | $2,005,000 | Deed Of Trust | CONVENTIONAL |
| Feb 28, 2007 | SECURITY BUSN BK/SAN DIEGO | $2,400,000 | Deed Of Trust | CONVENTIONAL |
| Jun 10, 2004 | SECURITY BUSN BK/SAN DIEGO | $2,400,000 | Deed Of Trust | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.