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509 Park Blvd1 / 38 · Click to zoom

About this home

HUGE PRICE REDUCTION!! 509 Park is a 71-unit, 32,750-square-foot multifamily property in Downtown San Diego's East Village, just steps from Petco Park and the San Diego Convention Center. Originally constructed in 1869 as the Bay View Hotel, this historic landmark has been rejuvenated and re-imagined to blend Victorian charm with contemporary style, offering a sophisticated lifestyle that bridges past and present. The property features spacious studio apartments with private kitchens and bathrooms, seamlessly combining classic elegance with modern functionality. A comprehensive renovation in 2023-2025 preserved the building's historic character while adding modern amenities. Located in East Village, a vibrant hub of cultural events, festivals, and art exhibitions, 509 Park offers a prime urban lifestyle. The neighborhood is home to the San Diego Padres' Petco Park and provides a dynamic mix of residential, commercial, and cultural opportunities. Please contact brokers for the Offering Memorandum.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$7,800,000 · Aug 2021
📋 Assessed value$4,917,581
💵 Annual tax$47,174
🏫 School districtSan Diego City Unified School District

MLS #260007453

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$111,828
Principal & interest$90,259
Property tax$16,363
Home insurance$5,206
Down payment: $3,570,000Loan: $14,280,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.