$1,799,000
"The Crown Victoria" is a distinctive San Diego property originally built in 1888, located in the heart of Barrio Logan along the vibrant Logan Avenue corridor. This rare mixed-use opportunity offers a unique blend of historic character, flexible zoning, multiple income streams, and long-term upside in one of San Diego’s most culturally rich neighborhoods. The property features a spacious 3-bedroom, 1-bath downstairs unit with updated finishes. Upstairs consists of three studio-style spaces, each with its own private entrance, kitchenette, SDG&E meters and sleeping/living area. One upstairs studio includes its own private bathroom, while the other two studios share a common hallway bathroom. This flexible setup is ideal for stable rental income, Airbnb use, live-work concepts, or multi-generational living. Currently operated as an Airbnb, the property also includes a freeway-facing billboard generating additional income. The existing lease expires next year, creating future upside through renegotiation or repositioning of the signage asset. The front of the property offers additional outdoor space with potential for food trucks, pop-up vendors, or creative commercial use. Located near Chicano Park, Ciccia Osteria, Fish Guts, breweries, galleries, and coffee shops, the property benefits from strong foot traffic, cultural significance, and continued revitalization throughout the area. Few properties offer this combination of historic charm, income diversity, development flexibility, and prime urban location in one of San Diego’s most dynamic neighborhoods. The Crown Victoria is a distinctive San Diego property originally built in 1888, located in the heart of Barrio Logan along the vibrant Logan Avenue commercial corridor. This rare mixed-use opportunity offers a unique combination of historic character, flexible zoning, multiple income streams, and long-term upside in one of San Diego’s most culturally rich and rapidly evolving neighborhoods. The property features a spacious 3-bedroom, 1-bath downstairs unit with updated finishes and strong rental appeal. Upstairs consists of three studio-style spaces, each with its own private entrance, kitchenette, and sleeping/living area. One of the upstairs studios has its own private bathroom, while the remaining two studios share a common hallway bathroom, creating a flexible setup ideal for short-term rentals, long-term rentals, workforce housing, artist/live-work concepts, or owner-occupant income potential. Currently operated as an Airbnb, the property has become a recognizable stay within the neighborhood, offering guests a unique experience in one of San Diego’s oldest surviving homes. The Crown Victoria sits within steps of iconic Barrio Logan destinations including Chicano Park, Ciccia Osteria, Fish Guts, Las Cuatro Milpas, local art galleries, breweries, coffee shops, and nightlife. The location benefits from strong pedestrian activity, cultural tourism, and continued neighborhood investment. Adding to the property’s value is a freeway-facing billboard that generates additional income. The current billboard lease expires next year, presenting a future opportunity to renegotiate terms, increase revenue potential, or reposition the signage asset. With excellent freeway visibility and high traffic exposure, the billboard represents a rare supplemental income stream seldom found in residential or mixed-use properties. The front portion of the property also offers additional usable outdoor space with potential for food truck activation, pop-up vendors, creative commercial use, or expanded outdoor gathering areas, subject to buyer verification and city regulations. The property falls within the Barrio Logan Planned District and Complete Communities zoning overlay, further enhancing its long-term flexibility and redevelopment potential. Few properties in San Diego offer this blend of historic architecture, flexible use options, cultural significance, multiple income sources, and fu...
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Listed by Nathan Abbo with Coldwell Banker West (619) 303-3399
Property Type
Residential Income
Status
Active
MLS Number
260012182SD
Year Built
2010
Lot Size
4,465 sq ft