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The Details

PROPERTY TYPE

Commercial

ACQUISITION DATE

Apr-23

PROPERTY SUBTYPE

Multi-Family

SQUARE FT.

18,549

YEAR BUILT

1900

UNITS

38

Casa Blanca apartments are in the heart of San Diego’s upscale Bankers Hill neighborhood, just minutes from all that downtown has to offer and steps from Balboa Park. The building was originally constructed in the 1900s to house World’s Fair workers, and later, wealthy attendees. Now, the building has been carefully remodeled and updated to preserve charming historical features.

Casa Blanca units are comprised of ten (10) one-bedroom / one-bath units and twenty- eight (28) studios. The Property provides tenants with secure gate entry with code access, a common area BBQ, dog wash, common area games, bike racks, and modern laundry facilities - featuring smartphone pay. The design and aesthetics of the courtyard offer the tenants an enjoyable place to relax and mingle.

The substantial renovation of the property consisted of both the exterior of the building and totaled a little under $2M. The exterior renovations include - branding signage, a new roof, paint, and fencing. The interiors were appointed with - cabinets, quartz countertops, and stainless steel appliances including - refrigerators, gas ranges, fixtures, and sinks. In addition, the units were appointed with new designer light fixtures, ceiling fans, and window coverings.

2241 4th Ave. & 401-423 E Juniper St.

San Diego, California 92101

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