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$17,850,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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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.

Full Property Details for 509 Park Blvd

General

  • Price: $17,850,000
  • Status: Active
  • Type: Multi-Family
  • Source: SANDICOR
  • MLS ID: 260007453
  • Updated: 3/31/2026
  • Added to Site: 34 day(s) ago

Additional Information

  • Shared Amenities: Exercise Room

Location

  • Area: SAN DIEGO DOWNTOWN (92101)
  • County: San Diego

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Construction: Part Fenced
  • Stories/Levels: 3
  • Square Feet: 32,750
  • Sq. Ft. Source: Buyer to Verify, Tax Record
  • Living Area: 32,750 Sq. Ft.

Unit Information

  • Units in Building: 71

Financial Considerations

  • Operating Expenses: $504,535

Disclosures and Reports

  • Property ID: 535-151-11-00

Listed by David Santistevan (619) 994-8896, Corey McHenry

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Listing agent

— 509 Park Blvd —

  • Corey McHenry

    David Santistevan

corey.mchenry@colliers.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 509 Park Blvd

School District:San Diego City Unified School District
NameGradesDistance
Sherman Elementary School
301 22nd Street, San Diego, CA 92102
K-50.6 mi
Logan Memorial Educational Campus
2875 Ocean View Boulevard, San Diego, CA 92113
6-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 509 Park Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/01/2026
Listed
$17,850,000
128.85%
MLS
8/25/2021
Sold
$7,800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 509 Park Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$44,209
-10%
$3,026,584
-10%
2023
$49,074
-18%
$3,366,444
-22%
2022
$60,135
79%
$4,330,825
105%
2021
$33,637
-21%
$2,112,915
-27%
2020
$42,804
-25%
$2,881,587
-30%
2019
$57,389
7%
$4,134,609
2%
2018
$53,757
3%
$4,053,540
2%
2017
$52,336
2%
$3,974,060
2%
2016
$51,328
2%
$3,896,138
2%
2015
$50,388
4%
$3,837,615
2%
2014
$48,607
—
$3,762,443
—
2013
$48,547
—
$3,745,440
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 509 Park Blvd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by David Santistevan (619) 994-8896, Corey McHenry

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509 Park Boulevard, San Diego, CA 92101 (MLS# 260007453) is a Multi-Family property with 71 units containing 0 bedrooms and 0 full bathrooms. 509 Park Boulevard is currently listed for $17,850,000 and was received on March 01, 2026. Want to learn more about 509 Park Boulevard? Do you have questions about finding other Multi-Family real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.

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