preConstruction San Diego,CA
investment property ID: 33
JUST released for sale, Broadway Lofts offers NO better combination of quality and price in downtown San Diego. This project was sold out one year ago but fell victim to city approval delays. Thus, today’s buyer is the WINNER!
Savor the following…
• AFFORDABLE PRICES: What a concept! It could be the rarest feature – a price that downtown San Diego may never see again. Starting at $295K, the 84 lofts average in the high $300s, yet also offer 4 luxury penthouses in the low $700s. Square footage ranges from 765 to 1,200 square feet (averaging 800+).
• VIEWS TO DIE FOR: Exceptional downtown views from lower floors, and downtown or bay or ballpark views from upper floors.
• PERFECT LOCATION: In the very heart of San Diego’s vibrant downtown, bordering the Gaslamp district. Next to the new House of Blues, spitting-distance from Horton Plaza, and smack-dab in the middle of nightclubs, entertainment and restaurants. Broadway Lofts offers easy access to beaches and public transportation, and is within walking distance of Little Italy, Balboa Park, and the Convention Center. A couple of miles from the airport.
• READY TO GO: Forget the typical two-year waiting lists and the investment uncertainty that longer timeframes bring. Phase 1 move-ins will begin as early as August.
• HISTORIC QUALITY: Built in 1909 on the corner of 5th and Broadway, the original 12-story First National Bank was San Diego’s first skyscraper. The building has been painstakingly transformed into 84 live-work lofts, including 4 luxury penthouses. The project won the city’s 2005 historic preservation/conversion award.
• A BLANK CANVAS: Each condo/loft is a “raw” space, allowing you to design the loft of your dreams from an open space that feels historic, yet chic. The original walls, columns, floors and architectural details have been retained for authenticity. The rest is guided by your inspiration.
• GENEROUS OUTFITTING: While a blank canvas, all units have air-conditioning, refrigerator, dishwasher, range, microwave, granite countertops and stackable washer-dryer.
• COMPLETE FLEXIBILITY: As a live/work loft space, you or your tenants have the flexibility to manage the changing lifestyle options of a sophisticated urban dweller.
• TAX ADVANTAGES: You don’t have to rent to enjoy the tax benefits. For those who choose to work at “home”, their loft may be a partial or full work write-off!
• INVESTOR CAP: Investors are limited to 25% of the 84 available units (this is a GOOD thing, investors!)
• RESERVATION DEPOSIT: TBD, either $5,000 or $10,000.
Broadway Lofts. Part metro. Part retro. Save the suburbs for later!
NOTE! Seller pays all realtor commissions so there are NO REALTOR FEES TO BUYER!
