5337 Meade Ave, San Diego, CA 92115
5337 Meade Ave, San Diego, CA 92115
5337 Meade Ave, San Diego, CA 92115
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Glen Henderson

Glen Henderson

+1(619) 889-7646
$1,750,000
Est. payment /mo
3,863 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 3,863 sqft

Price per Sqft $453

MLS Listing ID 260027086

Lot Size 9,200 Sqft

Property Sub-Type Com-Res Income

Property Type Com-Res Income

Property Description

5337-5347 Meade Ave: 6-unit multifamily property in San Diego's 92115 submarket. Two buildings totaling approx. 3,863 SF on a 9,200 SF (0.223 AC) lot, built 1955, two stories, frame/stucco construction with composition shingle gable roofs and open on-site parking. Interior courtyard layout with approx. 1,533 SF of land per unit and a two-building configuration offering flexibility for future repositioning. Located in a Qualified Opportunity Zone; zoned CUPD-CT-2-4. Close to Horace Mann Middle School, the University Ave and El Cajon Blvd commercial corridors, bus lines and approx. 1.9 miles to the SDSU Transit Center (Green Line). Offering memorandum estimates approx. $183,870 EGI and $115,536 NOI, an approx. 6.6% cap rate at the list price. Value-add upside through renovation-driven rent growth.

Location

State CA

County San Diego

Area Metro Uptown

Interior

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Roof Type Composition

Building

Story 2

Others

Senior Community No

Tax ID 472-041-11-00

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MLS Router / San Diego MLS
Listed by Ron Chaquica, DRE#01246523 The Agency 

Nearby School & Business

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Glen Henderson

Glen Henderson

+1(619) 889-7646

Broker Associate CA BRE #01384181

Broker Associate CA BRE #01384181

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