322 S Pardee St - Apartments FOR SALE


San Diego, CA 92113
$1,650,000 USD
858-336-9688
322 S Pardee St, San Diego, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/22
null | 4.77% Cap Rate

322 S Pardee St
San Diego, CA 92113


HIGHLIGHTS

  • New Construction 1Bed/1bath's and Renovated 2Bed/1bath Front House
  • Exempt from AB 1482 rent control for the next 15 years
  • Modern appliances like central HVAC, in-unit washers and dryers, stainless steel kitchen appliances
  • High-yielding investment property and low maintenance

OVERVIEW

JLM is proud to present 322 S Pardee St, a unique opportunity to own an extremely low maintenance high-yielding 5-unit investment property in the Mountain View submarket. This property features four (4) brand new construction 1bed/1bath apartments and a meticulously renovated 2bed/1bath front house. The newly constructed units are exempt from AB 1482 rent control restrictions for the next 15 years. Each unit is equipped with modern conveniences like central HVAC, in-unit washers and dryers, luxury vinyl flooring, and stainless steel appliances, catering to today’s renters who value comfort and efficiency. Each of the four 1bed/1bath units are identical 490 square-foot floor pans while the front house consists of a spacious 760 square foot layout with a private yard and tandem parking. The property is conveniently located in south central San Diego, with easy access to the Interstate 15 freeway, and just a 10 minute commute to downtown. Residents enjoy ample recreational spaces like the 11-acre Mountain View Park, Willie Henderson Sports Complex, and the Mountain View/Beckwourth Branch Library, offering community programs for all ages. This area provides a balanced mix of accessibility and neighborhood charm

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$606 USD /SF

# OF UNITS

5

PRICE/UNIT

$330,000

CAP RATE

4.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

322 S Pardee St

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,051 SF

ZONING

20

APN/PARCEL ID

546-171-13

ASK ABOUT THIS PROPERTY

Jason LeeJLM Real Estate Inc.More Info
858-336-9688

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Jason LeeJLM Real Estate Inc.More Info
858-336-9688

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