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$2,999,000
Est. payment /mo
7,000 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250022442SD
HOA Y/N No
Lot Size 7,000 Sqft
Property Sub-Type Mixed Use
Property Description
7 units in University Heights - All 2 Bedroom units. Perfect building to renovate, add additional dwelling units, and re-rent at market rates to add value. The 6-car parking garage looks to be the perfect place to add 2 or 3 ADU units while still preserving 5 parking spaces in front of the new ADUs. 5 additional open parking spaces in the rear (11 existing parking spaces currently - 6 covered & 5 open). Current rents are low making this property the ideal candidate for the "Renovate & Raise" model. Laundry room and additional storage lockers for tenants are located under the partially enclosed parking garage. Prime University Heights location. **** Please do not walk on property as tenants unaware the property is for sale ******
Location
State CA
County San Diego
Area 92116 - Normal Heights
Interior
Heating Wall Furnace
Fireplace No
Exterior
Carport Spaces 6
Total Parking Spaces 11
Others
Tax ID 4451622900
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Virtual Tour https://www.youtube.com/watch?v=JgJlvezyvFs
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Listed by Mark Morgan South Coast Commercial, Inc.