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Mixed-Use Affordable Sells in San Diego’s Gaslamp Quarter 

Mixed-Use Affordable Sells in San Diego’s Gaslamp Quarter 

Mixed-Use Affordable Sells in San Diego’s Gaslamp Quarter 

Mixed-Use Affordable Sells in San Diego’s Gaslamp Quarter 


Urban Property Group (UPG), a real estate services firm specializing in urban and coastal commercial property, finalized the sale of the mixed-use building known as the Lincoln Hotel for $2.55 million. The property, located at 534-536 5th Ave., is a historically designated Marker Number 60 in the Gaslamp Quarter.   

Rising four stories and spanning approximately 14,503 square feet, the building is currently occupied by El Cabron Restaurant on the ground floor and 41 affordable housing units on the upper floors. Lincoln Hotel Partnership sold the property with representation by Bill Shrader of UPG.  

“This is a great location in Gaslamp, and with the upcoming Campus at Horton just two blocks from the property, it is positioned for future success,” said Shrader.  

The buyer, Cyrus and Emilia Investments, plans to renovate the affordable housing component of the property.

Don’t miss Connect LA on May 3 at the Hotel Indigo. Connect in person with California CRE experts like Colliers Vice Chair Sean Fulp.  



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