M
Seller's Agent in 2024
Matthew Wenzel
Marcus & Millichap
(562) 257-1200
1 in this area
14 Total Sales
1014 Broadway San Diego, CA 92101
East Village Neighborhood
0.22
Acre
$17,460,317
Price per Acre
9,603
Sq Ft Lot
Highlights
- City Lights View
- 2-minute walk to City College
- Corner Lot
- 0.22 Acre Lot
- Property is near public transit
- No HOA
About This Lot
As of October 2024The 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.
Last Agent to Sell the Property
Marcus & Millichap Brokerage Email: mwenzel@marcusmillichap.com License #01198357 Listed on: 03/21/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $46,465
Lot Details
- 9,603 Sq Ft Lot
- Corner Lot
- Property is zoned CCPD-ER
Property Views
- City Lights Views
Location
- Property is near public transit
- Urban Location
Listing and Financial Details
- Legal Lot and Block E / 30
- Assessor Parcel Number 5341950600
- $3,587 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Downtown Subdivision
Recreation
- Bike Trail
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
Oct 3, 2024
Sold by
Integrity Owners Inc
Bought by
Agricultura Coal Llc
Seller's Agent
Matthew Wenzel
Marcus & Millichap
Buyer's Agent
Brandy Bell
Palisade Realty Inc
List Price
$3,850,000
Sold Price
$3,850,000
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,322
Avg. Annual Appreciation
-0.14%
Purchase Details
Closed on
Jan 23, 2008
Sold by
Mc Clurken Machinery Inc
Bought by
Integrity Owners Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,850,000 | Fidelity National Title | |
| Grant Deed | -- | Commonwealth |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $3,850,000 | 0.0% | -- |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $3,850,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $46,465 | $3,850,000 | $3,850,000 | -- |
| 2024 | $46,465 | $3,476,962 | $3,476,962 | -- |
| 2023 | $45,348 | $3,408,787 | $3,408,787 | $0 |
| 2022 | $44,068 | $3,341,949 | $3,341,949 | $0 |
| 2021 | $43,628 | $3,276,421 | $3,276,421 | $0 |
| 2020 | $43,028 | $3,242,826 | $3,242,826 | $0 |
| 2019 | $42,167 | $3,179,242 | $3,179,242 | $0 |
| 2018 | $39,469 | $3,116,904 | $3,116,904 | $0 |
| 2017 | $38,465 | $3,055,789 | $3,055,789 | $0 |
| 2016 | $37,773 | $2,995,872 | $2,995,872 | $0 |
| 2015 | $37,131 | $2,950,872 | $2,950,872 | $0 |
| 2014 | $36,269 | $2,893,069 | $2,893,069 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Wenzel
-
Brandy Bell
Buyer's Agent in 2024
Brandy Bell
Palisade Realty Inc
(619) 847-6210
6 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24056937
APN: 534-195-06
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1080 Park Blvd Unit 1502
- 1080 Park Blvd Unit 1802
- 1080 Park Blvd Unit 701
- 1080 Park Blvd Unit 1214
- 1080 Park Blvd Unit 512
- 1080 Park Blvd Unit 409
- 1080 Park Blvd Unit 1508
- 1080 Park Blvd Unit 1612
- 1080 Park Blvd Unit 704
- 1080 Park Blvd Unit 706
- 1080 Park Blvd Unit 309
- 1080 Park Blvd Unit 1614
- 950 9th Ave
- 0 28th St Unit 1-10
- 1160 Ninth Ave Unit 604
- 1160 Ninth Ave Unit 1909
- 1160 Ninth Ave Unit 3801
- 1160 Ninth Ave Unit 3906
- 843 10th Ave Unit A & B
- 1400 Broadway Unit 1201