Poinsettia Apartments is a prime investment opportunity, perfectly located in the heart of Point Loma Village. This well-maintained property offers a desirable unit mix, including two 1-bedroom/1-bath, four 2-bedroom/1-bath, and one 3-bedroom/2-bath apartment homes. Parking is conveniently provided at a ratio of two spaces per unit.
Recent capital improvements, such as new vinyl-pane windows, have been made, and select units feature moderate upgrades. Additionally, there is significant potential for a buyer to implement a full renovation program, which would allow for a substantial increase in rental income.
The property is ideally situated just one block from a variety of restaurants, shops, a grocery store, and the public library, offering residents an easy walk to essential amenities. Point Loma Village is known for its laid-back, neighborhood vibe, with the perfect balance of coastal charm and convenience.