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$3,500,000
Est. payment /mo
16 Beds
13 Baths
5,795 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2607497
Bedrooms 16
Lot Size 5,795 Sqft
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
$269,000/door in Pacific Beach! Fully renovated in 2022, this 13-unit multifamily asset offers a well-balanced unit mix of four studios, three 2-bed/1-bath units, and six 1-bed/1-bath units. Rent increases, lease-up of a permitted studio ADU nearing final sign-off set up roughly 10% rental growth. The property is ideally positioned for both residents and investors, with quick freeway access for an easy commute anywhere in San Diego, while sitting just a few blocks from Mission Bay Golf Course and the shores of the bay a rare combination of everyday convenience and lifestyle appeal. Ample on-site parking adds further value for tenants. With renovations already completed, strong location fundamentals, and parking that's increasingly hard to find in the area, this offering presents a turnkey opportunity with enduring tenant demand.
Location
State CA
County San Diego
Direction GPS
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4243224400
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Listed by Reese Nickell, DRE#02195727 Freedom Realty
Nearby School & Business
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