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$3,960,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2504104
Property Sub-Type Res Income 2-4 Units
Property Description
Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.
Location
State CA
County San Diego
Direction From I-805, take the Imperial Ave exit and head east. Property is located between 54th St and 56th St on the north side of Imper
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5480901000
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Listed by Michael Conger Commercial Asset Advisors
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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