Listed by Colliers - Los Angeles - La Jolla, California
Unpriced
119 SRO Units on ±25,000 SF Parcel | Little Italy
Details
APN 533-422-04, 09, 10, 11, 12
Property Type Hospitality, Land
Sub Type Student Housing, Apartment Building
Square Footage 35,720
Units 119
Class C
Buildings 3
Lot Size (SqFt) 24,962
Zoning CCPD-RE
Parking Spaces 45 spaces
Parking per 1,000 SqFt 1.26
Ownership fee simple
119 SRO & Apartments with 3,000 sf Commercial Space
Marketing description
The Bove Investment Team proudly presents First + Beech at 1428–34 & 68 1st Avenue and 1445 Front Street, Downtown San Diego, a rare 119-unit Single Room Occupancy (SRO) hotel investment offering stable in-place income today with compelling long-term redevelopment potential. Located in the heart of Little Italy, one of the city’s most walkable and transit-rich urban neighborhoods, the property generates immediate cash flow from a stabilized SRO operation while maintaining flexibility for future repositioning or redevelopment.
Listing Contacts
Listed by Colliers - Los Angeles - La Jolla, California
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