1942 - 1952 San Diego Ave, San Diego, CA 92110 - Property for Sale
Available For Sale - Multifamily
6,789 SF
|
Show Pricing $
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AVAILABILITY DETAILS
- Size
- 6,789 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA551581
- Notes
- OFFERING MEMORANDUM
OPPORTUNITY HIGHLIGHTS
Price $ 4,200,000
Number of Units Fourteen (14)
Price Per Unit $300,000
Parking 5 Garage Spaces
Year Built / Renovated NA
APN 451-722-19-00
Improvements 4,320SF
Lot Size 6,789 SF
Metering Individual Gas & Electric
In-Place Cap Rate 3.84 %
Proforma Cap Rate 6.01 %
Unrenovated units currently have rents over 50% below market value, as
confirmed by the rent roll
7 Units Fully Renovated
San Diego Bay View
Rarely Traded & Highly Desirable Old Town Location
Less than 10 minutes from the majority of San Diego’s most attractive
entertainment, restaurants, and hot spots!
- Uses
- Multifamily
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Maxwell Brown, Commercial Asset Advisors
Maxwell Brown, Commercial Asset Advisors
