6823 Amherst St San Diego, CA 92115
UPDATED:  
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2500000
/mo

9Beds

9Baths

1684SqFt

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Key Details

Property Type: Multi-Family

Sub Type: Res Income 2-4 Units

Listing Status: Active

Purchase Type: For Sale

Square Footage: 1,684 sqft

Price per Sqft: $1,484

Year Built: 2020

MLS Listing ID: 200049489

Subdivision: Ca

Bedrooms: 9

Full Baths: 7

Half Baths: 2

Short Sale: No

Type of Financing: Cash,Conventional

Property Description

Pleased to present for sale, 3 newly constructed three-story houses on one lot situated minutes away from San Diego State University. Completed in 2020, this property rests on an approximate 11,400 SF lot with 4,902 rentable SF. This property just received its certificate of occupancy and is being pre-leased for the 2021 school year. In the interim, short-term leases will be signed until the students move in next summer. The seller is open to carrying a second loan on the property if needed by buyer.
his luxury housing development includes one 3-bedroom/3-bathroom house and two 3-bedroom/2.5-bathroom houses, with an option to add two additional bedrooms at the buyer’s request to maximize rents. There is also a cloud condo map on the property, giving an investor the option to sell off as individual condos in the future. Each unit has been constructed with high-end finishes and amenities. Each unit is separately metering for all utilities. In proximity to San Diego State University, these units will attract college students willing to pay premium pricing for off-campus housing. This property offers a rare opportunity to be the proprietor of a newly constructed student housing multi-home complex minutes from San Diego State University. Within walking distance to Ralphs, restaurants, and convenience stores, this property is centrally located with the investor’s longevity in mind.

Location

State: CA

County: San Diego

Community: San Diego

Area: San Diego (92115)

Multi-Unit Info

Total Units: 3

Buildings: 3

Unit 1 Information: SqFt: 1684; Bedroom: 3; Bathroom: 3; FullBath: 3; Occupancy: Vacant

Unit 2 Information: SqFt: 1609; Bedroom: 3; Bathroom: 3; FullBath: 2; HalfBath: 1; Occupancy: Vacant

Unit 3 Information: SqFt: 1609; Bedroom: 3; Bathroom: 3; FullBath: 2; HalfBath: 1; Occupancy: Vacant

Interior

Heating: Natural Gas

Cooling: Central Forced Air

Appliance: Forced Air Unit

Air Conditioning: Central Forced Air

Exterior

Exterior Feature: Stucco

Fence: Full

Roof Type: Concrete

Building

Lot Description: Public Street,Sidewalks,Street Paved

Story: 3 Story

Lot Size Range: .25 to .5 AC

Sewer: Sewer Connected

Others

Senior Community: no

Acceptable Financing: Cash,Conventional

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Listing provided by  Marcus & Millichap

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Nearby School & Properties

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    Glen Henderson Big Block Realty, Inc
    Glen Henderson

    Broker Associate | REALTOR CA BRE # 01384181

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