Embassy Hotel | 79+ Unit SRO Adaptive Reuse or Development Potential

Highlights:

• Excess Land Development
• Complete Communities Program
• Modern Historic Boutique Hotel
• Federal Historic Tax Credits (HTC)
• Mills Act Contract
• Low-Income Housing Tax Credits (LIHTC)
• Affordable Housing Incentives & Funding
• Interior Unit Additions
• Parking Income Agreement
• Adaptive Reuse Optionality

Description:

Commercial Asset Advisors, as the exclusive marketing advisor to the Seller, is pleased to present qualified investors with the outstanding opportunity to acquire the Embassy Hotel, a ± 79-unit SRO property featuring a house and restaurant, totaling approximately ± 33,216 square feet, ideally positioned in San Diego’s premier Hillcrest/North Park neighborhood.

Embassy Hotel offers investors the ability to acquire a property with vintage charm in one of San Diego most coveted locations. Current amenities include queen-size beds, flat-screen TVs, WiFi, on-site laundry, and kitchenette facilities in select units.

Ideally situated just steps from Balboa Park and the world-famous San Diego Zoo, and with immediate access to Highway 163 and one of San Diego’s most celebrated dining and retail corridors at the doorstep, the Embassy Hotel occupies one of the most irreplaceable addresses in all of Southern California.

The Embassy Hotel is a 4-story, ± 79-room residential hotel situated in the heart of Hillcrest/North Park, San Diego. The property accommodates both short-term travelers and long-term guests through flexible daily, weekly, and monthly rate structures. Guest room amenities include queen-size beds, flat-screen TVs, WiFi, phones with complimentary local calling, and kitchenette facilities in select units. An on-site laundry facility serves the entire property.

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