Available For Sale - Multifamily

15,054 SF | Show Pricing $

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LISTED BY

James Burns
Commercial Asset Advisors, 858-360-3000
Brian Jenkins
Commercial Asset Advisors, 858-360-3000
Mike Congers
Commercial Asset Advisors, 858-360-3000

AVAILABILITY DETAILS

Size
15,054 SF
Price/SF
Show Pricing $
Listing ID
SA551378
Notes
OPPORTUNITY HIGHLIGHTS

Value Add Opportunity

Huge Annual Income Potential

Irreplaceable Location

Rarely Traded Ocean Beach Location

Potential Adaptive Reuse Opportunity*

Commercial Hospitality License In-Hand*

Two Separate Parcels



Price $ 8,750,000

Number of Units Twenty Three (23)

Price Per Unit $380,435

Parking 27 Surface Spaces*

Year Built 1952

APN 488-141-03-00

488-141-09-00

Improvements 9,204 SF

Lot Size 15,054 SF

Proforma Cap Rate 5.06%*
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
James Burns, Commercial Asset Advisors