4215 45th St - Apartments FOR SALE


San Diego, CA 92115
$2,299,000 USD
619-226-6011
4215 45th St, San Diego, CA for Sale
$2,299,000 USD
Apartments - FOR SALE
1/21
null | 5.09% Cap Rate

4215 45th St
San Diego, CA 92115


HIGHLIGHTS

  • 2 x Two-Car Garages
  • 3 Renovated Units
  • Large Value-Add Upside
  • Laundry On-Site
  • Easy Freeway Access
  • Close to YMCA, Supermarket, and High School

OVERVIEW

4215 45th St, San Diego is an 8-unit value-add apartment complex. Built in 1970, it features 5 spacious 1-bedroom, 1-bathroom apartments and 3 comfortable 2-bedroom, 1-bathroom units. Three of the 1-bedroom units have been thoughtfully renovated, showcasing modern finishes and updated amenities. The property has two 2-car garages, offering the potential for conversion into 2 additional rental units, which could significantly increase your revenue stream. Additional parking spaces are located in the front of the building. Onsite leased laundry facilities. Virtual Walkthrough: https://my.matterport.com/show/?m=TTvLM44bTzF

FOR SALE DETAILS

PRICE

$2,299,000 USD

PRICE/SF

$460 USD /SF

# OF UNITS

8

PRICE/UNIT

$287,375

CAP RATE

5.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,258 SF

ZONING

R-4:Multiple Residential

APN/PARCEL ID

471-301-06

ASK ABOUT THIS PROPERTY

Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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