190 Calle Primera San Diego, CA 92173-2727
This 19,440 square foot motel in San Diego, CA, presents a unique adaptive reuse opportunity. Situated on a 1.21-acre corner lot (APN 666-170-40) at 190 Calle Primera, 92173, this property offers significant potential. The existing structure comprises four two-story buildings, built in 1975 and renovated in 2004. Currently vacant, the property features 70 keys and ample surface parking. Zoned CC-2-1, it's ideally located with easy access to I-5 and I-805. Prior plans envisioned converting the motel into a 70-unit (70 studio units and one manager's unit) affordable supportive housing project, potentially leveraging remaining funds from a previously awarded $24 million state grant. This grant, intended for housing and caregiving support for at-risk older adults, may be accessible to a qualified buyer for capital improvements and operational funding. Pre-qualification by a state agency is required. The property's previous intended net rentable area was approximately 18,000 square feet. Bid deadline is November 20th at 5:00 PM PT.
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HOTEL PRIMERA Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · San Diego, CASan Diego. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.