3865-3871 & 3877 Menlo Ave, San Diego, CA 92105 - Property for Sale
Available For Sale - Multifamily
12,625 SF
|
Show Pricing $
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AVAILABILITY DETAILS
- Size
- 12,625 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA553843
- Notes
- OPPORTUNITY HIGHLIGHTS 3
Price $ 3,975,000
Number of Units Fifteen (15)
Price Per Unit $ 265,000/Unit
Parking 15+ Spaces
Year Built 1964 / Unknown
APN 471-591-05 | 471-591-32
Improvements 8,788 SF
Lot Size 12,625 SF
Metering Gas & Electric Individual
In-Place Cap Rate 4.72 %
Proforma Cap Rate 5.80 %
Low Density & Well-Parked Asset
Walking Distance to University Avenue
Central Location Near Primary Employment & Entertainment
Strong In-Place 4.72% Cap Rate Metrics
10-15% Upside in Rents
- 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
