501 7th Ave | San Diego, CA 92101
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- LoopNet Team
501 7th Ave
San Diego, CA 92101
Clermont/Coast Hotel · Multifamily Property For Sale
·
55 Units
INVESTMENT HIGHLIGHTS
- Located 800 feet from the Northwest entrance to Petco Park
- Value Add Opportunity
- With its historic designation from the city, the Property became eligible for a property tax reduction through the Mills Act.
PROPERTY FACTS
| No. Units | 55 | Lot Size | 0.58 AC |
| Property Type | Multifamily | Building Size | 41,400 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | F | Year Built/Renovated | 1887/2008 |
| Zoning | CSX, San Diego - Historical Building, Eligible for the Mills Act | ||
| No. Units | 55 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | F |
| Lot Size | 0.58 AC |
| Building Size | 41,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1887/2008 |
| Zoning | CSX, San Diego - Historical Building, Eligible for the Mills Act |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Heating
- Sprinkler System
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Security System
- Furnished Units Available
- Vintage Building
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 55 | $800.00 | 120 - 222 |
PROPERTY TAXES
| Parcel Number | 535-112-04 | Improvements Assessment | $1,044,036 |
| Land Assessment | $2,132,687 | Total Assessment | $3,176,723 |
PROPERTY TAXES
Parcel Number
535-112-04
Land Assessment
$2,132,687
Improvements Assessment
$1,044,036
Total Assessment
$3,176,723
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