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Renovated 15-Story Apartment Community
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1399 9th Ave, San Diego, CA 92101

15-story, 299-unit downtown apartment community with private balconies, extensive resident amenities, and fast access to major freeways.

Property SizeContact for details
Days on Market95

Property Features for 1399 9th Ave

General Information

Standard status Active
Property subtype MULTIFAMILY

Additional Details

Highway Access Yes
Multifamily Units 299

Building Details

Year Built 1973
Stories 15
Tenancy Multi
Listing Agency: CBRE
Listed By: Derrek Ostrzyzek
Source: Moodyscre
Added: Jun 3 Changed: Aug 8 Last Checked: Sep 5 at 7:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

Investment Insights

Based on property information with market context.

Vera Cortez Hill is a 15-story, 299-unit apartment community originally constructed in 1973 and recently renovated. The property features floor-to-ceiling windows and private balconies in every unit. Common areas and amenities include an indoor resident lounge and co-work lobby, a spacious fitness center, and an on-site market and deli. Outdoor amenities total 30,000 square feet and include a resort-style pool and spa, along with an elevated deck offering pickleball and basketball courts.

The community sits on a full city block in Downtown San Diego’s Cortez Hill neighborhood. It is described as a few blocks from Balboa Park, Little Italy, and the Gaslamp Quarter, and it provides direct access to SR-163 and I-5. The property is also noted as having a Walk Score of 98.

This asset may appeal to buyers seeking a renovated, amenity-forward high-rise multifamily community with a large, structured amenity program and private outdoor space for residents. The combination of unit-level balconies, extensive indoor space, and large outdoor recreation areas is designed to support a strong resident experience within a central, well-connected Downtown setting.

Key Highlights

  • 299‑unit, 15‑story apartment community in Downtown San Diego’s Cortez Hill neighborhood
  • Originally constructed in 1973 and recently received a comprehensive renovation
  • Every unit features floor‑to‑ceiling windows and private balconies; upper‑floor residences have views of the Downtown skyline, Balboa Park, San Diego Bay, and the Pacific Ocean

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Butcher (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

299
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

10,440
Businesses Nearby

Demographics for 92101, CA

47,505
Population
32,909
Households
1.4
Avg Household Size
39
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
8,797
Density / Sq Mi
$90,477
Median Household Income
$72,371
Median Earnings
$2,351
Median Rent
$740,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 15-story, 299-unit downtown apartment community with private balconies, extensive resident amenities, and fast access to major freeways.
Where is this apartment building located?
The property is located at 1399 9th Ave San Diego, CA.
What are key features of this property?
This property features: 299‑unit, 15‑story apartment community in Downtown San Diego’s Cortez Hill neighborhood; Originally constructed in 1973 and recently received a comprehensive renovation; Every unit features floor‑to‑ceiling windows and private balconies; upper‑floor residences have views of the Downtown skyline, Balboa Park, San Diego Bay, and the Pacific Ocean
(949) 809-3675 Call to check price and availability
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