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Glen Henderson

[email protected] +1(619) 889-7646

$2,820,000

Est. payment - /mo

14 Beds

13 Baths

5,276 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 5,276 sqft

Price per Sqft $534

MLS Listing ID 260016954

Bedrooms 14

Full Baths 13

Lot Size 6,250 Sqft

Property Sub-Type Com-Res Income

Property Type Com-Res Income

Property Description

Offered at the lowest price per unit in all of 92104, this bread-and-butter apartment property presents a rare value-add opportunity in a strong rental submarket. The property consists of 12 legal units plus an additional non-conforming studio, offering meaningful upside beyond current in-place income. Current actual income reflects only the 12 legal units; income from the studio is not included in these figures. Ownership has initiated the permitting process for the studio and, once complete, pro forma income reflects the studio as a fully permitted 13th unit. With rental upside across the unit mix and an attractive basis relative to the surrounding market, this offering is well suited for investors seeking both stable current income and long-term upside.

Location

State CA

County San Diego

Area Metro Uptown

Interior

Fireplace No

Exterior

View Y/N No

Total Parking Spaces 2

Building

Story 2

Others

Senior Community No

Tax ID 447-320-21-00

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Listed by Cody J Evans, DRE#01399935 South Coast Commercial, Inc.

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

4151 35th San Diego, CA 92104

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information