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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$2,820,000

Est. payment - /mo

6,250 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260016954SD

HOA Y/N No

Lot Size 6,250 Sqft

Property Sub-Type Mixed Use

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 92104 - North Park

Interior

Fireplace No

Exterior

Total Parking Spaces 2

Others

Tax ID 4473202100

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

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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4151 35th San Diego, CA 92104

Patricia Beattie

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

Get More Information