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$5,615,000
Est. payment /mo
9,900 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 9,900 sqft
Price per Sqft $567
MLS Listing ID 250018025
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
BIG PRICE DROP! 5.50% Current Cap Rate | 5.94% Market Cap Rate 10 - Detached 3BR/2BA Homes With Garages & Private Yards. Over $900,000 on recent CapEX at the property. 6752-6770 Solita Ave is an extremely unique residential rental offering in the City of San Diego, in the highly desirable and upscale enclave of Rolando Village, surrounded by a residential community of upscale homes. Just a little over a mile from the property is San Diego State University (SDSU), a bustling university with more than 37,000 students. The property consists of 10 single-family detached 3BR/2BA homes with attached garages and yards. Originally built in 1984, the property has been extensively renovated to a high level to attract elite tenants. More than $900,000 was spent to reposition the property with recent comprehensive renovations including (but not limited to) new upscale kitchens and baths, new flooring and paint throughout, all new A/C mini-splits, new fixtures, new in-unit washer/dryers, new individual hot water heaters, new roofs throughout, windows, new low maintenance and drought tolerant landscaping, and much more.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Fireplace No
Exterior
Parking Features Garages, Spaces
View Y/N No
Building
Story 1
Others
Senior Community No
Tax ID 468-380-19-00
Virtual Tour https://vimeo.com/1033981505
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Listed by Corey McHenry David Santistevan
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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