3455 Del Rey St - Apartments FOR SALE


San Diego, CA 92109
$5,995,000 USD
619-804-9140
3455 Del Rey St, San Diego, CA for Sale
$5,995,000 USD
Apartments - FOR SALE
1/32
null | 4.8% Cap Rate

3455 Del Rey St
San Diego, CA 92109


HIGHLIGHTS

  • Extensive Exterior & Interior Renovations performed in 2019
  • All Units have Modernized Kitchens & Bathrooms, Stainless Steel Appliances, Quartz Countertops, Air Conditioning & Dual Paned Windows
  • Ample Off-Street Parking
  • Owned On-Site Laundry (Upgraded in 2024) & Storage Units
  • Mission Bay Located, near Balboa Ave. Trolley Station, Shopping, Restaurants Nightlife, Bay & Beaches

OVERVIEW

Walk to Mission Bay, a 4,600 acre aquatic park with miles of beach, bay & water sports year-round. All units have been completely rehabilitated down to the framing & designer remodeled with modernized laminated wood style flooring, designer quality kitchen cabinets, stainless steel appliances, decor quartz countertops, fully remodeled bathrooms, bedrooms feature Closet Maid customized drawer pullouts & shelving, floor to ceiling mirror closet doors, dual-paned windows, & individual heating and A/C. This turnkey investment offers a brand new laundry facility, and an outdoor common area with umbrella tables, flower garden, courtytard, & rentable storage units. This unique property is near shopping, restaurants, nightlife, Balboa Ave. trolley station & transportation corridors. A new owner may utilize the location to maximize rental income implementing student housing, corporate/vacation rentals & traveling nurse tenants. ** Drive by Only, Please Do Not Walk on Property or Disturb Tenants

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$663 USD /SF

# OF UNITS

16

PRICE/UNIT

$374,688

CAP RATE

4.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Del Rey Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,497 SF

ZONING

RM-4-10

APN/PARCEL ID

424-362-16

ASK ABOUT THIS PROPERTY

Gary UrtiagaApartment Realty Group (ARG)More Info
619-804-9140

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Gary UrtiagaApartment Realty Group (ARG)More Info
619-804-9140

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