Former Point Loma Hotel Converted into Apartments for Young Professionals and Students Now Taking Names
By: Marie Coronel / 10News / Feb 16, 2026
A growing trend in San Diego is helping address the housing shortage as companies convert vacant hotels into apartment complexes, offering residents new housing options at competitive rental rates.
Ambient Communities has been working for years to transform the former Consulate Hotel, which was built in the 1970s and sat vacant for years, into the Celeste Point Loma Apartments. The project will offer 127 units in an area that has seen limited new housing development.
Robert Honer, a principal for Ambient Communities, said the conversion provides an alternative housing option for young professionals and students in a desirable neighborhood.
“If you’re going to graduate school, if you get your first job this is a community that people like to live in. For me the only way we could afford it was we put a bunch of kids in a single family home and did it that way. So this is an alternative to that,” Honer said.


Please join the Ocean Beach Historical Society on Thursday, February 19, 2026, 7pm, at Water’s Edge Community, 1984 Sunset Cliffs Blvd. Local author Jill Hall discusses her recent novel “On a Sundown Sea”
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