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.