636 C StSan Diego, CA 92101

  • Hospitality properties
  • 26,960 SF
For Sale

Property Details for 636 C St

Lot size
0.11 AC
Property size (Sq ft)
26,960 SF
Zone code
COMMERCIAL
Property type
Hospitality properties
Property subtype
Hotels
APN
534-181-13-00
APU
5341811300

Description

This exceptional mixed-use investment opportunity in San Diego's vibrant Core District presents a compelling value-add proposition. The property comprises three buildings totaling approximately 48,000 square feet on three separate parcels encompassing roughly 18,570 square feet. The portfolio includes a six-story, 100% vacant former SRO building at 636 C Street, originally constructed in 1913, offering immediate repositioning potential. A two-story commercial building at 1130-1146 7th Avenue, currently 59% occupied by various retail tenants with short-term leases, allows for flexible re-tenanting or rent optimization. Finally, a single-story, 2,500 square foot restaurant at 1152 7th Avenue, currently occupied month-to-month, provides further flexibility for the buyer. The property's central location, adjacent to the Gaslamp District and the upcoming Campus at Horton, a 1 million square foot mixed-use development, ensures strong long-term growth potential. Built in 1913 and 1924, the buildings are zoned CCPD-CORE. This REO property, with its distressed sale condition, presents a unique chance to capitalize on San Diego's dynamic downtown market. The property's prime location along the trolley lines and abundant nearby amenities further enhance its appeal. This is a rare opportunity to acquire a multi-parcel, mixed-use portfolio in a high-growth area. The APNs are 534-181-13, 534-181-14, and 534-181-15.

636 C St, San Diego, California

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.717
Longitude
-117.159
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$39,968
$1,366,581
$1,667,229
$3,033,810
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