1014 Broadway

San Diego, CA 92101

$3,850,000
Price
9,603 / 0.22
Lot Size / Acres

Description

The subject property is a prime ±0.22 acre redevelopment site located at 1014 Broadway in downtown San Diego. Currently operating as a small retail
center, all leases on this property are on a month-to-month basis with the exception of one lease for a 1,600 SF space that expires in 2029. Broadway is a major east-west arterial through downtown San Diego and this site benefits from the exposure of 100' of frontage along Broadway as well as 100' of frontage along 10th Avenue. Zoning for this property
...The subject property is a prime ±0.22 acre redevelopment site located at 1014 Broadway in downtown San Diego. Currently operating as a small retail
center, all leases on this property are on a month-to-month basis with the exception of one lease for a 1,600 SF space that expires in 2029. Broadway is a major east-west arterial through downtown San Diego and this site benefits from the exposure of 100' of frontage along Broadway as well as 100' of frontage along 10th Avenue. Zoning for this property is Centre City Planned District - Employment/Residential Mixed-Use (CCPD-ER). Base Floor Area Ratio (FAR) for the CCPD-ER zoning classification is 6.0 with a maximum of 10.0. A bonus FAR of 4.0 could also be taken advantage of to increase to possible maximum FAR of a new building on this site to 14.0. With an FAR of 10.0, a structure of 96,030 SF could be built. Including the bonus FAR, a structure of 134,442 SF
could be built. This property qualifies as a Complete Communities Housing Solutions Tier 1 site which would allow a developer unlimited FAR. Additionally, the site is located within a Qualified Census Tract (QCT) as well as within a Difficult Development Area (DDA). The East Village district of downtown San Diego is the center of where much of the proposed residential growth under the Downtown Community Plan is expected to occur and, as a result, East Village is expected to experience considerable transformation over the next 20 years. The projected growth in the Northwest sub-district of the East Village is expected to ultimately transform the area into downtown San Diego's highest intensity residential-emphasis district.
  1. Listed by Matthew Wenzel • DRE #01198357 • Brokerage DRE #00530854 • Marcus & Millichap • 714-875-2878

Property Details for 1014 Broadway

View
City Lights
Lot Size Source
Assessor
Assessor Parcel Number
534-195-06-00
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Marcus & Millichap, Matthew Wenzel, DRE #01198357
Add your commute
LISTING UPDATED: 04/18/2024 02:00 AM

Property Details for 1014 Broadway

StatusPending
MLS #PW24056937
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.22 AC
CountySan Diego County

Location

Listing Courtesy of Marcus & Millichap, Matthew Wenzel, DRE #01198357
Add your commute

Building Information for 1014 Broadway

Lot Size0.22 AC

Payment Calculator

$24,790 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,011

Property Taxes

$3,779

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1014 Broadway

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: 30
  • Tax Census Tract: 52.02
  • CFD/Mello-Roos Fee: $3,587
  • Tax Lot: E
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Urban
  • Community: DOWNTOWN
Property / Structure Info
Exterior Features
  • View Description: City Lights
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Lot Features: Corner Lot, Near Public Transit, Walkstreet
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Downtown
  • Builders Tract Code: Downtown

Property History for 1014 Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1014 Broadway

Taxable ValueLand$3,408,787Additions-Total$3,408,787
Tax Record2023$45,348 ($3,779 / month)
Home Facts
Total Finished SqFt10,000 SqFtAbove Grade Finished SqFt10,000 SqFtLot Size9,603 SqFtStyleStoresYear Built1932ZoningCOMMERCIALCountySAN DIEGOAPN534-195-06-00

Schools near 1014 Broadway

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

King-Chavez Community High School
Charter9 to 12

San Diego Business
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Marcus & Millichap, Matthew Wenzel, DRE #01198357

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