1091 K St
San Diego, CA 92101
Park Terrace · Multifamily Property For Sale
·
223 Units
INVESTMENT HIGHLIGHTS
- Located in the heart of Downtown’s East Village, directly adjacent to Petco Park
- 222 Park Blvd features a separate condo (7-Eleven) - Buyer has the ability to renew lease and sell individual condo at a premium
- Located in East Village, Downtown’s fastest growing neighborhood and the epicenter of the tech boom
- Tenant mix includes a mix of strong national and regional credit tenants along with a few local companies
- 4,200+ residential units within 0.25 mi and adjacent to Tailgate Park redevelopment (1.35 million SF)
- Over 9,000 vehicles pass the site daily, and 2.2 million annual attendees to Petco Park home games
EXECUTIVE SUMMARY
Park Terrace is a rare investment opportunity in the heart of Downtown, directly adjacent to Petco Park and the redevelopment of Tailgate Park. The growth of downtown San Diego in the past ten years is consistent with the national trend that emphasizes a return to the ‘Urban Core’. Suburban residents are downsizing and moving back to the urban areas, while younger generations are actively seeking urban environments that support their live, work and play lifestyles. The true live/work/play urban lifestyle Downtown San Diego offers is not duplicated anywhere in Southern California. Park Terrace has the ability to benefit from the exposure Downtown’s continued commitment to the redevelopment and revitalization of its urban core.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Freezer
- Island Kitchen
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Fitness Center
- Gameroom
- Grill
- Package Service
- Roof Terrace
- Bicycle Storage
- Elevator
- Lounge
