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Former San Diego Hotel Converted to Apartments Nearly Doubles Prior Sale Price

Property Trades for Almost $38 Million in Busy Hillcrest Neighborhood
The Warwick, now an 80-unit apartment property in San Diego, was originally built in the 1980s as a hotel. (Berkadia)
The Warwick, now an 80-unit apartment property in San Diego, was originally built in the 1980s as a hotel. (Berkadia)
CoStar News
December 27, 2022 | 9:48 P.M.

A San Diego apartment property that was converted from a hotel has sold for nearly double its previous purchase price amid strong multifamily demand in the city’s central neighborhoods.

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