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302-390 11th Ave - ICON 1,379 SF Office/Retail Condo Unit Offered at $1,234,752 CAD in San Diego, CA 92101

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INVESTMENT HIGHLIGHTS

Foot traffic from ballpark, convention center, and nightlife district.
Upgraded soundproofing and security system added

900 sqft downstairs, privacy in master suite upstairs.

EXECUTIVE SUMMARY

Icon condos and lofts are centrally located in the heart of the East Village encompassing an entire city block bound by 10th & 11th Avenues and J Street & K Street, ICON San Diego is positioned between the San Diego Padres Stadium, PETCO Park, on one side, and the new San Diego Public Library. The Developers, Laconia Development LLC, took great strides to assure Icon is one of the most desirable and distinctive buildings in all of Downtown San Diego. Completed in 2007, the ICON complex is comprised of four concrete buildings. Building one, is the high-rise and is 24 stories, Building two is 11 stories, Building three is 9 stories, and Building four is 5 stories. The four ICON buildings envelop a flawlessly landscaped interior courtyard that features sculptural art, and waterfall features. The interior courtyard gives the complex an intimate community feeling. Although there are 327 units and a variety of ICON floor plans you still feel well connected to your neighbors.

Offering Memorandum
Market Information

PROPERTY FACTS

Total Building Size	380,322 SF	Typical Floor Size	1,658 SF
Property Type	Multifamily (Condo)	Year Built	2007
Property Subtype	Apartment	Lot Size	1.39 AC
Building Class	A	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Floors	25
Zoning	CCPD-BP: Ballpark Mxd Use - Commercial Planned Development

Total Building Size	380,322 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	A
Floors	25
Typical Floor Size	1,658 SF
Year Built	2007
Lot Size	1.39 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CCPD-BP: Ballpark Mxd Use - Commercial Planned Development

UNIT AMENITIES

Air Conditioning

Balcony

Heating

SITE AMENITIES

24 Hour Access
Courtyard

Fenced Lot
Media Center/Movie Theatre

Public Transportation

Private Bathroom

1 UNIT AVAILABLE

Unit 134

Unit Size	1,379 SF	Sale Type	Investment or Owner User
Price	$1,234,752 CAD	No. Parking Spaces	1
Price Per SF	$895.40 CAD	APN/Parcel ID	535-362-24-08
Condo Use	Office/Retail

Unit Size	1,379 SF
Price	$1,234,752 CAD
Price Per SF	$895.40 CAD
Condo Use	Office/Retail
Sale Type	Investment or Owner User
No. Parking Spaces	1
APN/Parcel ID	535-362-24-08

DESCRIPTION

One of only six work/live storefront units in the highly desired ICON building next-door to Petco Park. This unit has been upgraded to strike a balance for live-in business owners unparalleled in the neighborhood.

Capture foot traffic with your own dedicated street-level entry from 11th Ave, situated next to the “#1 most walkable stadium" in the MLB, the Downtown Transit Center, our Convention Center of ComicCon fame, the thriving Gaslamp District, Harbor, concert venues, and more. This neighborhood, East Village, has drawn huge investment in recent years and undergone thoughtful development to make it part of the top five “most recovered post-pandemic” downtown areas in the nation.

But this residential/commercial loft also provides peace and quiet when the workday is done. Extra soundproofing was added to doors, walls, and ceilings for privacy and tranquility. An in-unit security system compliments the 24-hour guard provided by the building. Walk 30 feet from your back door to Icon’s private movie theater, or 40 feet to its state-of-the-art gym. On game days, bring friends or clients to enjoy a BBQ at the 26th-floor Skybox, with a birds-eye view into the ballfield from the comfort of a couch.

Buy this unit fully furnished with custom furniture, California King-size bed, and all its artistic touches. 1 bed, 1.5 bath, walk-in closet, full kitchen, vaulted ceilings, and ample public/living-room area. SBA and VA financing may be available.

3D Tour available: https://my.matterport.com/show/?m=o5aQU3s1ifB

SALE NOTES

Experience luxury urban living while nabbing a prime location for your business.

Petco park draws an average of 42k+ attendees on over 100 days each year, for baseball games, concerts, and other events. Data shows foot traffic 35% higher during baseball season, centered 500 feet from this unit’s storefront.

San Diego’s convention center is among the top 5 busiest in the nation, drawing 663,000+ attendees per year, who spend $855m+ on local businesses. 1800 feet from this storefront.

Downtown San Diego is among the top 5 “most recovered post-pandemic” downtown areas in the nation, particularly in the realm of resident foot traffic which is at 157% of 2019 levels.

This unit, with a 900+ sqft first floor, including a half-bathroom, provides ample space for your business, kept separate from your private living quarters upstairs.

[Substantiating data available upon request.]