1027-1033 Wilbur Ave - Apartments FOR SALE


San Diego, CA 92109
$3,495,000 USD
858-344-7653
1027-1033 Wilbur Ave, San Diego, CA for Sale
$3,495,000 USD
Apartments - FOR SALE
1/15
null | 2.54% Cap Rate

1027-1033 Wilbur Ave
San Diego, CA 92109


HIGHLIGHTS

  • Walkable distance from Beach, shops, and restaurants
  • Remodeled in 2014
  • Plenty of Storage and Parking available
  • Laundry on site

OVERVIEW

Prime investment opportunity in the heart of North Pacific Beach! Just 3 blocks from the beach, and walking distance from the beloved shops and restaurants of the North PB neighborhood. This property offers 7 units, currently 100% occupied. Six 1BD/1BA apartment units, plus one 2BD/1BA charming house. The main house and 5 of the apartments were completely remodeled in 2014, with new kitchen cabinets, laminate flooring, new electrical and appliances. There is plenty of storage and parking available. The main house features an additional storage room or office off the master bedroom, a long driveway, and a private patio off the kitchen. There is outdoor, locking storage for the 6 apartments. Community, coin operated laundry for all units. Extremely well maintained and cared for over the years.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$1,092 USD /SF

# OF UNITS

7

PRICE/UNIT

$499,286

CAP RATE

2.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R3

APN/PARCEL ID

415-422-07

ASK ABOUT THIS PROPERTY

Michelle DykstraCompassMore Info
858-344-7653

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Michelle DykstraCompassMore Info
858-344-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.