858-360-3000
3645 Park Blvd, San Diego, CA for Sale
Hospitality - FOR SALE
1/7
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3645 Park Blvd
San Diego, CA 92103
North Park


HIGHLIGHTS

  • All 79 units have bathrooms. Nine units have kitchens.
  • 79-room hotel currently operating as an SRO and designated as such by the San Diego Housing Commission.
  • Irreplaceable location two blocks north of Balboa Park and the San Diego Zoo.
  • Limited competing hotel inventory in the surrounding Uptown and North Park submarkets.
  • Large site includes the main hotel building with restaurant, surface parking, and additional single family home.
  • Potential eligibility for historic preservation incentives, including Mills Act benefits and federal historic tax credits, subject to qualification

OVERVIEW

The Embassy Hotel presents a rare opportunity to acquire a 79-room hospitality asset on a substantial 27,007-square-foot site in one of San Diego’s most irreplaceable urban locations. Originally constructed in 1929, the property retains much of its distinctive historic character and currently operates as an SRO hotel under San Diego Housing Commission designation. Located just two blocks north of Balboa Park and the San Diego Zoo, the property benefits from immediate proximity to one of Southern California’s premier cultural and tourism destinations, attracting approximately 14 million visitors annually. The hotel’s existing room count, prominent architecture, large land area, and limited nearby hotel inventory create a compelling opportunity.

FOR SALE DETAILS

PRICE

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# OF ROOMS

79

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Embassy Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1929

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

RM-2-5

APN/PARCEL ID

452-361-28

ASK ABOUT THIS PROPERTY

James BurnsCommercial Asset AdvisorsMore Info
858-360-3000

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James BurnsCommercial Asset AdvisorsMore Info
858-360-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.