4420 4426 Mentone St - Apartments FOR SALE


San Diego, CA 92107
$4,495,000 USD
858-859-1031
4420 4426 Mentone St, San Diego, CA for Sale
$4,495,000 USD
Apartments - FOR SALE
1/12
null | 3.25% Cap Rate

4420 4426 Mentone St
San Diego, CA 92107


HIGHLIGHTS

  • HUGE Value Add Potential - There is an existing building on the property that can be converted into Mutlifamily
  • ADU Potential
  • 8 Newly Renovated Units
  • Located in the desirable 92107 zipcode
  • Ample Parking

OVERVIEW

HUGE VALUE ADD. Previously a preschool, 4420 4426 Mentone St has been converted into eight (8) newly remodeled units, including (7) 1bed, 1bath units and (1) Studio. There are 2 additional Studios that have not yet been completed. Additionally, there is a 2 story building that has not yet been renovated and there is space for ADUs. MASSIVE upside for an investor. Please do not disturb tenants. Shown only with accepted offer. Information herein has been obtained from sources believed reliable. South Coast Commercial INC does not doubt the accuracy, but we have not verified it and make no guarantee, warranty or representations. Reach out to Ellis Jolly for all questions and info (619) 415-5736

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$513 USD /SF

# OF UNITS

10

PRICE/UNIT

$449,500

CAP RATE

3.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4420 4426 Mentone St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

RM-3-7

APN/PARCEL ID

449-860-59-00,449-860-60-00

ASK ABOUT THIS PROPERTY

Kevin HemstreetSouth Coast Commercial, Inc.More Info
858-859-1031

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Kevin HemstreetSouth Coast Commercial, Inc.More Info
858-859-1031

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