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Historic 79-Room Hotel
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3645 Park Boulevard, San Diego, CA 92103

Four-story SRO hotel with select kitchenettes, on-site laundry, and flexible daily, weekly, and monthly accommodations.

Property Size33,216 SF
Lot Size0.62 Acres
Days on Market21

Property Features for 3645 Park Boulevard

General Information

Standard status Active
Size 33,216 SF
Class A
Total Parking Spaces 32
Lot size 0.62 Acres
Property subtype Multifamily, Hospitality
Zoning RM-2-5
Occupancy 60%
Investment Type Value Add

Additional Details

Highway Access Yes
Multifamily Units 79

Amenities

queen-size beds
flat-screen TVs
WiFi
phones with complimentary local calling
kitchenette facilities in select units
on-site laundry

Building Details

Year Built 1929
Buildings 2
Stories 4
Units 79
Listing Agency: Commercial Asset Advisors
Listed By: James Burns · License #02195104
Source: Crexi
Added: Jul 29 Changed: Aug 15 Last Checked: Aug 17 at 1:41PM

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 Commercial Asset Advisors

Investment Insights

Based on property information with market context.

Built in 1929, this four-story hospitality property contains approximately 33,216 square feet and operates as an SRO hotel under San Diego Housing Commission designation. The 79-room layout includes queen-size beds, flat-screen TVs, WiFi, phones with complimentary local calling, and kitchenette facilities in select rooms. An on-site laundry facility serves the property, while daily, weekly, and monthly rate structures support varied guest stays. The property also includes a house and restaurant.

The hotel occupies a 27,007-square-foot site at 3645 Park Boulevard in San Diego’s Hillcrest/North Park area. Balboa Park and the San Diego Zoo are located two blocks south, with Highway 163 and established dining and retail corridors nearby. RM-2-5 zoning and the property’s existing hospitality configuration provide additional context for evaluating the asset.

Key Highlights

  • Approximately 33,216 square feet across a 4‑story hotel
  • 79‑room SRO property with San Diego Housing Commission designation
  • 27,007‑square‑foot site at 3645 Park Boulevard

Property Analytics

Current Use

Embassy Hotel Hotel & Motel

Suggested Use

Top Pick Food Market Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Electronics & Wireless Store

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

79
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,824
Businesses Nearby

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
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?
Hotel - Four-story SRO hotel with select kitchenettes, on-site laundry, and flexible daily, weekly, and monthly accommodations.
Where is this hotel located?
The property is located at 3645 Park Boulevard San Diego, CA.
What are key features of this property?
This property features: Approximately 33,216 square feet across a 4‑story hotel; 79‑room SRO property with San Diego Housing Commission designation; 27,007‑square‑foot site at 3645 Park Boulevard
(858) 360-3000 Call to check price and availability
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