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$6,250,000
Est. payment /mo
12 Baths
5,150 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,150 sqft
Price per Sqft $1,213
MLS Listing ID 250033857
Property Sub-Type Com-Res Income
Property Description
Premier Downtown San Diego development opportunity: 419 Beech Street, Strategic Location Situated on a 5,000 sq ft corner lot at Beech Street and 4th Avenue in the heart of downtown San Diego's urban core. High-Growth Potential: Surrounded by numerous high-rise buildings, this location is excellent for a transformative development project. The existing structure, a 6,515 sq ft, 28-unit Single Room Occupancy (SRO) building known as The Beechwood, is likely nearing the end of its economic life, This presents an opportunity for investors to maximize the site's value through redevelopment. This site offers a unique chance for investors to shape the future of a prime downtown location, capitalizing on the increasing demand for modern, high-density developments in San Diego. Investors can unlock the full value of this strategically located parcel through thoughtful planning and execution, potentially creating a landmark project within this dynamic urban environment. Further research into zoning regulations and market demand is recommended to fully assess the potential profitability and development feasibility
Location
State CA
County San Diego
Area Metro Central
Direction cross streets, Fourth and Beech St
Interior
Cooling Other
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Tax ID 533-451-01
Special Listing Condition Call Agent
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Listed by Edgar Romero Rise Realty
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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