$6,000,000
$6,495,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
2,613 Sqft Lot
SOLD DATE : 10/28/2020
Key Details
Sold Price $6,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 190056502
Sold Date 10/28/20
HOA Y/N No
Lot Size 2,613 Sqft
Acres 0.06
Property Description
PRICE REDUCTION! Rarely available RENOVATED 17 UNIT Apartment COMPLEX Situated IN THE HEART OF San Diego's Pacific Beach~ EACH UNIT IS A STUDIO APARTMENT LIVING~WELL MANICURED COURTYARD~9 OFF STREET PARKING + ONE SINGLE GARAGE~COMMUNITY LAUNDRY FACILITY~ What makes this investment property unique of its kind is that it is being leased out to a SINGLE tenant that runs a Rehabilitation Facility as its residential unit for its clients paying a NNN lease currently signed till April, 2025. Cap rate of 6.36% in this area is extremely rare.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Zoning Rm2-5
Interior
Fireplace No
Building
Story 1
Others
Tax ID 4230830900
Financing Cash
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Bought with Mie Kim • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner