1445 Front St

San Diego Downtown, CA, 92101

$5,400,000

$1,234 per ft²
$5,400,000
$1,234 per ft²
Active
Active
 - For Sale
beds
25 Beds
carpenters-square
4,375 ft²
property_type
Other
MOTIVATED SELLER - OFFERS WELCOME We are pleased to present a truly iconic piece of San Diego history - a first time to market legacy asset in an A+ location. 1445 Front St is a SRO property comprised of 25 units. Each unit has undergone significant recent renovations including new flooring, vanities, ceiling fans, windows, and more. Each floor has its own kitchen space and bathroom + shower space. Upgrades to the exterior and continued sprucing up of interiors will allow a new owner to capture upwards of 50% rental upside. Or, given the rare component of the last remaining lots in downtown that can be developed, this property is sure to garner developer interest as well. The location is truly second to none, bordering the Little Italy and central San Diego Downtown districts. This building can be sold with or separate from 1468 1st Ave, located on the same block. The Seller is motivated, prime and ready to 1031 exchange into another market and retire. Take the opportunity to own a legacy piece of real estate in America's finest city.
MLS® ID:
230004014
Listed:
3/1/23
Updated:
3/26/23
Compass
Dane Soderberg
Mobile: (858) 337 1417Email: dane@compass.com

Interior Features

Total Bedrooms
25
Total Bathrooms
0

Other Property Details

Area Name
Metro Central
Garage
No
Parking
N
View
N
County
San Diego
Pool
No
Total Stories
2
Buyer Agency Compensation
2.0

Courtesy of The Browar Group, Jordan Winston,
Listing Contact: 858-349-4877 

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Data last updated 6:41 AM UTC, 3/26/23

Compass
Dane Soderberg
Mobile: (858) 337 1417Email: dane@compass.com
Contact