454 13th St - Apartments FOR SALE


San Diego, CA 92101- East Village
$18,900,000 USD
858-829-7688
454 13th St, San Diego, CA for Sale
$18,900,000 USD
Apartments - FOR SALE
1/36
null | 3.19% Cap Rate

454 13th St
San Diego, CA 92101
East Village


OVERVIEW

Ezabelle is a boutique 48-unit multifamily and mixed-use property located in the heart of San Diego’s East Village—an 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 Diego’s fastest-growing neighborhood.

FOR SALE DETAILS

PRICE

$18,900,000 USD

PRICE/SF

$697 USD /SF

# OF UNITS

48

PRICE/UNIT

$393,750

CAP RATE

3.19%

% LEASED

87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ezabelle

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

c

APN/PARCEL ID

535-156-08

ASK ABOUT THIS PROPERTY

Prem AdvaniAdvani Realty @ CompassMore Info
858-829-7688

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Prem AdvaniAdvani Realty @ CompassMore Info
858-829-7688

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