Real Estate Investment

Duke

San Diego, CA

Location San Diego, CA
Sector Real Estate Investment
Platform Role Principal / Developer
Execution Status Completed
Units / Scale 7 Modern Units
Building Area 1,700 SF to 7-Unit Infill
STRATEGY & OVERVIEW —

Investment Thesis & Value Creation

Duke - SeaRock Development

The Duke

The Duke is home for 7 modern units in Bankers Hill, offering top floor harbor views with walkability to beloved San Diego destinations like Balboa Park and Little Italy.

The project originally began in March of 2015 as a purchase of a 1700 sq. ft. single family residence. The project is an aesthetically and economically significant addition to the community and has received recognition for being such. The Duke recently received a prestigious Orchid Award for Architecture by the San Diego Architectural Foundation.  The development faced many restrictions including density calculations, FAA Height Restrictions and other zoning related building restrictions but was still able to deliver a product that exceeded the base density of 5 units by delivering 7 total units composed of 6 market rate and 1 affordable unit.

  • Multifamily
  • 7 Residential Units
  • 5,019SF Res (on a 5,000SF parcel)
  • Built 2017
  • Award Winning
  • Transit Oriented
  • Bankers Hill – San Diego, CA
Duke - SeaRock Development