501 7th Ave - Apartments FOR SALE


San Diego, CA 92101
$3,000,000 USD
619-884-5456
501 7th Ave, San Diego, CA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

501 7th Ave
San Diego, CA 92101


HIGHLIGHTS

  • Desirable downtown location near ball park and Gaslamp
  • 57 rooms

OVERVIEW

Desirable downtown San Diego location. Located one block to Petco Park and Gaslamp. 4,995 sq.ft. corner lot. Existing 3 story structure with 57 rooms. Previously operated as a SRO. Outstanding reposition, redevelopment, or renovation opportunity. Anticipate delivering the property vacant. Needs renovation. Call or email listing agent for Offering Memorandum.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$263 USD /SF

# OF UNITS

55

PRICE/UNIT

$54,545

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clermont/Coast Hotel

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1887

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,028 SF

ZONING

CSX, San Diego

APN/PARCEL ID

535-112-04

ASK ABOUT THIS PROPERTY

Ray AdamsKidder MathewsMore Info
619-884-5456

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Ray AdamsKidder MathewsMore Info
619-884-5456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.