Barnabey’s Hotel Put Up for Sale

Barnabey’s Hotel and Restaurant in Manhattan Beach is up for sale only two years after it was acquired by a Boston-based investment group when the original owners lost it in a foreclosure.

EMIF California Hotel Co., a conglomerate of banks that has owned the property since 1996, put the property on the market about two months ago. Hotel officials said the asking price is $11.5 million.

The hotel, with its pink exterior and Victorian interior on Sepulveda Boulevard near Rosecrans Avenue, had been owned by the Post family since 1974. The hotel was acquired by EMIF in March 1996 when the Posts lost the hotel in a foreclosure.

Although Barnabey’s Hotel is not officially registered as a historic landmark, residents and historians consider the elegant hotel a piece of Manhattan Beach history. Local historians tried to persuade the City Council to declare the hotel a historic landmark in 1996 to prevent it from being torn down in the future, but their attempt failed.