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410 Elm Street

San Diego, CA 92101
  • $7,000,000
  • STATUS: ACTIVE
  • ON SITE: 16 Days
  • ID#: 210031583
$7,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Pleased to present 410 Elm Street, San Diego, California 92101. The two-story, 55-room Hotel Occidental is the true definition of hybrid, combining modern amenities and stylish décor with old-world charm and appeal and the functional simplicity of European lodging, creating a practical, comfortable, and affordable solution for both overnight and extended-stay guests. A complete redesign, in 2005, of this 1920’s classic now gives way to a contemporary Euro-style hotel that boasts four extremely versatile room types fitting for every kind of guest, from the traveling conventioneer, the international student, to the young family enjoying a San Diego vacation. The hotel’s remodeled interior completely transformed its classic mission style into sleek, comfortable spaces with many contemporary design elements. Amenities include opening windows, central air (5 zones), two 20 amps breakers in all the rooms, high-speed broadband internet, new carpeting, private shower and baths, on-site laundry, and parking, as well as housekeeping room with industrial washer and dryers and storage. The cozy guestrooms are minimally furnished, with custom built-ins, containing a sink, microwave, and mini-fridge, TVs with DVD players, central air conditioning, and complimentary high-speed wireless internet access.? The building has reinforced steel framing, upgraded electrical and plumbing, new roof, and reinforced parapets.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.themarellygroup.com/homes/123367968
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410 Elm Street San Diego, CA 92101

  • Price: $7,000,000
  • Status: ACTIVE
  • On Site: 16 Days
  • ID#: 210031583
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
San Diego Downtown (92101)
County:
San Diego
Area:
San Diego Downtown (92101)
Property Description
Pleased to present 410 Elm Street, San Diego, California 92101. The two-story, 55-room Hotel Occidental is the true definition of hybrid, combining modern amenities and stylish décor with old-world charm and appeal and the functional simplicity of European lodging, creating a practical, comfortable, and affordable solution for both overnight and extended-stay guests. A complete redesign, in 2005, of this 1920’s classic now gives way to a contemporary Euro-style hotel that boasts four extremely versatile room types fitting for every kind of guest, from the traveling conventioneer, the international student, to the young family enjoying a San Diego vacation. The hotel’s remodeled interior completely transformed its classic mission style into sleek, comfortable spaces with many contemporary design elements. Amenities include opening windows, central air (5 zones), two 20 amps breakers in all the rooms, high-speed broadband internet, new carpeting, private shower and baths, on-site laundry, and parking, as well as housekeeping room with industrial washer and dryers and storage. The cozy guestrooms are minimally furnished, with custom built-ins, containing a sink, microwave, and mini-fridge, TVs with DVD players, central air conditioning, and complimentary high-speed wireless internet access.? The building has reinforced steel framing, upgraded electrical and plumbing, new roof, and reinforced parapets.
Interior Features

Sq Ft Of Improvement 12688

Property Features

Actual Gross Scheduled Income 732660.0 Actual Operating Expense 366691 Assumable Finance 0 Complex Features None Gross Equity 0 Gross Multiplier 9.55 Have N/K Mandatory Remarks None Known Market Area Metro Central Motive Want N/K Short Sale No

Listing provided courtesy of Marcus & Millichap. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003