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425-499 10th Ave
San Diego, CA 92101
Fahrenheit Lofts · Multifamily Property For Sale · 77 Units

Investment Highlights

  • 10th and J is one of the best intersections near the ballpark with great foot traffic and exposure.
  • The commercial space also comes with an income producing 3 bedroom condo that has been remodeled into a really cool space

Executive Summary

Title: Downtown San Diego Retail Combo unit next to Petco Park Offering price: 1,375,000 Details: Corner retail space with floor to ceiling glass across from Petco Park approx 600sq ft ($2700mo) 3 bed 2 bath residential condo approx 1350 sq ft ($3,000 mo) Description: Extremely rare "shop keeper" commercial-retail / residential unit available at one of the most visible intersections in all of Downtown San Diego at 10th and J St next to Petco Park! The commercial space is a modern floor to ceiling high end office build out. Inside of the office (out of view) is an access door that leads to a staircase with access to a completely remodeled 3 bedroom, 2 bathroom residential condo. Currently, both units are rented separately, but this investment would be perfect for an owner user. It also comes with two underground and secured parking spaces. The investor of this unit could experience cash flow in two ways: rent the residential condo and run a boutique out of the retail space, or rent the retail space and keep the condo as a second home or rental investment. Fahrenheit allows 30 days rentals, so the flexibility of the condo space is great for a shorter term rental. Stay in the unit during baseball season and rent it out during the off season. This is a great investment with incredible flexibility.

Property Facts

No. Units 77
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.42 AC
Building Size 120,271 SF
No. Stories 7
Year Built 2005
Parking Ratio 0.01/1,000 SF
APN / Parcel ID 535-125-16-68
Zoning R1 - 1 unit/1 APN with 1 commercial space(downstairs) and 1 loc off residential space (upstairs) separately metered.

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Hardwood Floors
  • Refrigerator
  • Dining Room
  • Freezer
  • Instant Hot Water
  • Loft Layout
  • Wheelchair Accessible (Rooms)
  • Floor to Ceiling Windows

Site Amenities

  • Controlled Access
  • Gated
  • Disposal Chutes
  • Bicycle Storage
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 77 - -
  • Listing ID: 23146933

  • Date on Market: 5/20/2021

  • Last Updated:

  • Address: 425-499 10th Ave, San Diego, CA 92101

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