Clermont/Coast Hotel | 501 7th Ave
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Clermont/Coast Hotel 501 7th Ave
55 Unit Apartment Building $4,293,750 CAD ($78,068 CAD/Unit) San Diego, CA 92101
Investment Highlights
- Desirable downtown location near ball park and Gaslamp
- 57 rooms
Executive Summary
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.
Property Facts In Escrow
| Price | $4,293,750 CAD | Building Class | C |
| Price Per Unit | $78,068 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 11,400 SF |
| No. Units | 55 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1887/2000 |
| Apartment Style | Low Rise |
| Price | $4,293,750 CAD |
| Price Per Unit | $78,068 CAD |
| Sale Type | Investment |
| No. Units | 55 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 11,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1887/2000 |
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
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 535-112-04 | Improvements Assessment | $1,442,131 CAD |
| Land Assessment | $2,945,889 CAD | Total Assessment | $4,388,021 CAD |
PROPERTY TAXES
Parcel Number
535-112-04
Land Assessment
$2,945,889 CAD
Improvements Assessment
$1,442,131 CAD
Total Assessment
$4,388,021 CAD
zoning
| Zoning Code | CSX, San Diego (Historical Building, Eligible for the Mills Act) |
| CSX, San Diego (Historical Building, Eligible for the Mills Act) |
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Clermont/Coast Hotel | 501 7th Ave
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