Features & Amenities

Interior

Area & Lot

  • Property Type

    Commercial Sale

Exterior

  • Garage

    No

Financial

  • Sales Price

    $21,500,000

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Location

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San Diego

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Listing Courtesy of Benn Vogelsang , South Coast Commercial, Inc.

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The Royal Apartments consist of 121 units housed in 12 structures built with wood frame construction in the early 1960s and situated on two parcels totaling approximately 79,699 sq ft of land in an irreplaceable location in Mission Hills with views of the San Diego Bay, Coronado, Harbor Island, and Point Loma. The property features 120 parking spaces, a pool and BBQ deck area, and 2 laundry facilities. 104 of the units are 320 sq ft studios, 16 units are 365 sq ft studio units with an additional alcove, and there is one 612 sq ft cottage by the pool with canyon views. There is a balcony linking two of the westernmost buildings that offers 180 degree views as well as additional common patio space. This property has not yet experienced the extensive upgrading typical of other apartments in San Diego&#8217;s prime urban neighborhoods including Mission Hills. The units feature a mix of faux wood, vinyl plank, and carpeted flooring. Some bathrooms have been remodeled with shower/tub enclosures and Espresso vanities.

1606 Guy Street

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