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454 13th St , San Diego, CA 92101
Priced at Only: $18,900,000
For more Information Call Mobile: 714.478.6676
Address: 454 13th St , San Diego, CA 92101
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  • MLS#: 250031688SD ( Commercial/Residential )
  • Street Address: 454 13th St
  • Viewed: 1
  • Price: $18,900,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 58
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92101
  • Provided by: Compass
  • Contact: Prem Prem
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Ezabelle is a boutique 48 unit multifamily and mixed use property located in the heart of San Diegos East Villagean urban infill opportunity that fuses high efficiency design, strong in place income, and legacy assumable financing. Completed in 2020, the property features: 43 contemporary micro studios with polished concrete floors, built ins, and in unit laundry 3 deed restricted low income units 2 ground floor commercial spaces, including a full scale retail storefront and street facing kiosks Rooftop deck with skyline views and community amenities LEED certified construction and energy efficient systems Walk Score: 97 Steps to Petco Park, UCSD Innovation Hub, Central Library, and dozens of bars and restaurants Current occupancy sits at 87.8%, with rents trailing market by ~10%, creating a clear value add path through lease up and optimization. An attractive 3.58% assumable interest only loan with a remaining term through 2032 offers immediate leverage and long term upside in San Diegos fastest growing neighborhood. Ezabelle is more than a cash flowing multifamily assetits a curated urban experience thoughtfully designed for the evolving Downtown San Diego renter. Blending architectural preservation with forward thinking design, this 48 unit mixed use building incorporates a restored 1880s Italianate Victorian faade into a LEED certified mid rise filled with modern micro units. Each of the 43 market rate studios maximizes function and form within compact footprints ranging from 194 to 341 SF. Units are appointed with polished concrete floors, integrated Murphy beds, custom built ins, and in unit washer/dryersa rare amenity in micro format housing. Several floorplans feature balconies or expansive glazing, enhancing the connection between indoor space and the East Village streetscape. The 3 affordable units are deed restricted, offering reduced rents but maintaining the same elevated design aesthetic. On the ground level, a 1,700+ SF corner retail suite is fully leased to a neighborhood caf, while three exterior facing kiosks create activated commercial frontage with strong street visibility and foot traffic. The commercial space benefits from a NNN lease structure with minimal landlord obligations. Residents enjoy access to a private rooftop deck outfitted with firepits, BBQs, lounge seating, and panoramic views of the downtown skyline and surrounding stadium district. The building also includes a secure bike storage area, trash chutes, and controlled access entry.
Features
Carport Spaces
  1. 0.00
Construction Materials
  1. Block
  2. Brick
Country
  1. US
Heating
  1. See Remarks
Parcel Number
  1. 5351560800
Phase
  1. 46
Property Type
  1. Commercial/Residential
Totalmonthlyrent
  1. 86037
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/250031688
Zoning
  1. SPECIAL AN
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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