Hotels For Sale in Southern California, San Diego 92102 -1/3

Hotels For Sale in Southern California, San Diego 92102 -1/3


1119 28th Street, San Diego, CA 92102 5784046c9cfe44f285705442c425fb31

1119 28th Street, San Diego, CA 92102 

Price:$2,500,000
No. Beds:37
Price/Bed:$67,567.57
Property Type:Hotel & Motel
Property Sub-type:Economy/ Limited Service
Additional Sub-types:Assisted Living
ResidencesGarden/Low-Rise
Property Use Type:Vacant/Owner-User
Commission Split:2%
No. Stories:3
Year Built:1945Lot Size:0.25 AC

Local Map

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Description
A 3-story, 37-bed intermediate care facility (ICF)

Note: From preliminary research at city of San Diego planning, this property has been grandfathered in and no conditional Use Permit is required for ICF. All interested parties should due their own due diligence with city of San Diego Planning.

Owner is in process of remodeling entire interior. Optional floor plans:

* 13 unit studio apartment complex
* 13 unit SRO /Motel with common kitchen and laundry
* multi-bed per room ICF/operator or program

” For lease or Sale
” Building Sf 16,000 SF (approximate)
” Beds: 37 beds occupancy
” Price: $2,500,000
” Rent: $18,000 per month, net of NNN expenses
” Built: 1945 (2014 upgrade in progress)

Potential Uses:

* Assisted Living
* Independent Living
* Group Home
* Senior Living
* Nursing Home (not “skilled” nursing)
* Memory Care
* Residential Care Facility Elderly (RCFE)

Located in the Golden Hill neighborhood of San Diego.