4209-4221 3rd Ave - Apartments FOR SALE


San Diego, CA 92103
$4,000,000 USD
760-277-7785
4209-4221 3rd Ave, San Diego, CA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/13
null | 3.24% Cap Rate

4209-4221 3rd Ave
San Diego, CA 92103


HIGHLIGHTS

  • Close to Scripps and UCSD Med Ctrs.
  • Off street parking
  • Low vacancy rate

OVERVIEW

Great 9 units in Hillcrest Area of San Diego. Close to both Scripps Med Ctr and UCSD Med Ctr. This purchase includes 2 parcels 444-720-18 with 5 units total, and 444-720-19 with 4 Units. Second parcel is all 2bed/1bath units. Financials are for both combined. Current rents are below market value, good upside to these properties.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$889 USD /SF

# OF UNITS

9

PRICE/UNIT

$444,444

CAP RATE

3.24%

% 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

1960

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R4

APN/PARCEL ID

444-720-18

ASK ABOUT THIS PROPERTY

Ron BentleyEquity Real EstateMore Info
760-277-7785

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Ron BentleyEquity Real EstateMore Info
760-277-7785

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