This opportunity is offered at an exceptionally attractive introductory lease rate of only $8,000 per month plus $3,139 NNN, representing one of the most competitive turnkey nightclub and restaurant offerings in Downtown San Diego. Rare opportunity to secure a fully built-out 4,200 SF restaurant and nightclub venue at 420 E Street in one of Downtown San Diego’s rapidly improving hospitality corridors, just minutes from Little Italy and surrounded by luxury high-rise residential towers, upscale hotels, and a growing base of affluent downtown residents and professionals. The area continues to transition into a more refined, investment-driven market with rising residential density and ongoing private and institutional investment signaling the next phase of downtown growth and hospitality demand. This is a rare below-market entry point allowing operators to secure a fully equipped venue while preserving capital for branding, operations, and guest experience rather than excessive occupancy costs. The space is fully fixturized and ready for immediate operation, including an ABC Type 47 license permitting service until 2:00 AM, approved live entertainment for DJs and bands, upgraded sound and lighting systems, DJ booth, two full bars, VIP lounge, and a fully operational commercial kitchen with hood system already in place. Previously operating as “Red O,” the venue successfully supported an upscale dining and nightlife concept combining premium cocktails, elevated cuisine, and entertainment-driven programming. Don’t miss the timing advantage as this corridor strengthens—early entr
Property Details
Price:
$10,000
MLS #:
260013684SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
92101sandiegodowntown
Listed Date:
Jun 5, 2026
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Community
- Address420 E St San Diego CA
- CitySan Diego
- CountySan Diego
- Zip Code92101
Subdivisions in San Diego
- Bay Park
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casa Dorado 32501
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- CLM
- College Grove
- Crown Point
- Del Cerro
- Downtown
- Downtown Area DOWN
- DWTN
- East San Diego
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Jolla
- La Mesa
- Linda Vista
- Logan Heights
- LV
- Middletown
- Mira Mesa
- Mirador MIRD
- Mirasol MIR
- Mission Beach
- Mission Hills
- Mission Valley
- Mission Village
- Mount Helix
- Normal Heights
- North Park
- NP
- Ocean Beach
- Old Town
- Pacific Beach
- Paradise Hills
- Park Villas PKVL
- Park Vista PV
- Point Loma
- Poway
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- Scripps Ranch
- SD
- Serra Mesa
- Smoke Tree SMTR
- South Sd
- Stonebridge 3700
- Talmadge
- The Lakes LK
- Tierrasanta
- Torrey Highlands
- University City
- University Heights
- Villa Portofino 32283
- Woodcrest WT
Market Summary
Current real estate data for Single Family in San Diego as of Jun 10, 2026
1,903
Single Family Listed
70
Avg DOM
608
Avg $ / SqFt
$1,327,708
Avg List Price
Property Summary
- 420 E St San Diego CA is a Single Family for sale in San Diego, CA, 92101. It is listed for $10,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in San Diego is $608. The average listing price for Single Family in San Diego is $1,327,708.
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