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$ 11,950,000
Est. payment | /mo
1 Bed
2 Baths
37,593 SqFt
$ 11,950,000
Est. payment | /mo
1 Bed
2 Baths
37,593 SqFt
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 37,593 sqft
Price per Sqft $317
MLS Listing ID 250038461
Bedrooms 1
Property Sub-Type Com-Res Income
Property Description
We are pleased to present the “The Historic at Carnegie”, a well-located multifamily investment opportunity situated on 0.23 acres in the vibrant core of Downtown San Diego. Located at 950 Ninth Avenue, this 61-unit property features a desirable mix of forty-eight (48) studio units averaging 550 square feet and thirteen (13) one-bedroom/one-bathroom units averaging 861 square feet. Each unit offers an efficient layout complemented by abundant natural light—meeting the lifestyle demands of San Diego's active urban renter demographic. Residents enjoy a comprehensive suite of community amenities designed for comfort and convenience, including community-wide WiFi, on-site laundry facilities, controlled access, 24-hour building access, a roof top deck, a fitness center, and secure bicycle storage. Positioned just blocks from the Gaslamp Quarter, Petco Park, and the city's expanding public transit infrastructure, the "The Historic at Carnegie" provides unparalleled access to major employment centers, universities, and entertainment destinations. The property has demonstrated historically strong occupancy and offers clear potential for value-add enhancements, making it a compelling opportunity in one of Southern California's most sought-after rental markets.
Location
State CA
County San Diego
Area Metro Central
Direction Please contact listing agent: Austin Ray Huffman (858) 373-3122 ahuffman@ipausa.com
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 5
Others
Tax ID 5343230300
Listed by Austin Huffman Marcus & Millichap
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Patrick Cohen
REALTOR® | Lic# 1936110