Listed by Jeannine Savory with Coldwell Banker West 619-325-0405

Unique opportunity to acquire an architecturally distinctive urban, mixed-use community, inspired by ancient Egyptian design located in the vibrant University Heights / Hillcrest neighborhood, just north of downtown San Diego. Pharaoh's Court on Park Blvd consists of 8 residential units and 2 commercial spaces with street frontage perfect for retail operators. The residential units include 4 studio apartments each approximately 500 square feet featuring 9ft ceilings, walk-in closets, and full-sized bathrooms with tubs, a separate kitchen, and a small dining room. There are 4 one-bedrooms, 2 of which are stand-alone bungalows estimated at 650sqft and 2 stacked one-bedrooms in the rear building. All units are incredibly clean with detail and charm only afforded by custom craftsmanship found in the early 1900's. The 2 commercial storefronts feature 11ft ceilings and are measured at 1250sqft and 1150sqft, respectively. The property is ideally located in Hillcrest Village near the intersection of Park Blvd & University Avenue, the pedestrian-friendly commercial corridor provides residents numerous amenities within walking distance of the Property. Hillcrest is the 14th most walkable neighborhood within San Diego County and the Property scores a high 83 walk-ability score. Trader Joe's and Ralph's are located just a few blocks away while Whole Foods is located less than 1/2 mile down University. There are over a dozen restaurants located up and down University and the world-famous Balboa Park is 1/2 mile south of the Property. This unique architecture makes this property an ideal candidate for the Mills Act. This offering is located in a Smart Growth Area of SANDAG's Regional Comprehensive Plan and is expected to have continued revitalization and development. The community has excellent proximity to major employment centers including Downtown San Diego and Mission Valley. Downtown San Diego is home to more than 5,000 businesses, 85,000 employees, and 10 million squa...