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In-PersonVirtual Tour
$ 4,190,000
Est. payment | /mo
$ 4,190,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250027339
Property Description
6.13% Cap Rate | Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring, quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements.
Location
State CA
County San Diego
Area San Diego (92115)
Building
Story 2
Others
Space Rent $383,292
Virtual Tour https://www.propertypanorama.com/instaview/snd/240000624
Listed by Jordan A Concepcion • Apartment Realty Group (ARG)