4427 Estrella Ave - Apartments FOR SALE


San Diego, CA 92115- Talmadge
$2,600,000 USD
760-542-8730
4427 Estrella Ave, San Diego, CA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/22
null | 4.76% Cap Rate

4427 Estrella Ave
San Diego, CA 92115
Talmadge


HIGHLIGHTS

  • Prime Location
  • Walkable Neighborhood
  • Strong Unit Mix
  • Priced To Sell

OVERVIEW

4427 Estrella Ave is an 8 unit apartment complex located in the heart of Talmadge. The property consists of an ideal unit mix of (4) 2 bedroom/1 bathroom units and (4) 1 bedroom/1 bathroom units. Featuring primarily renovated units (6 out of 8) and laundry facilities with brand new equipment on site, 4427 Estrella provides future ownership with a stabilized asset for the long haul. In spite of its premier location and well-maintained condition, some rents remain low with long term tenancy- offering future ownership the chance to increase NOI at every lease-turn opportunity and with annual rent increases. Situated near ideal shopping, entertainment and dining options, the location is nearly unbeatable and will continue to see outsized price appreciation compared to other areas.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$457 USD /SF

# OF UNITS

8

PRICE/UNIT

$325,000

CAP RATE

4.76%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RM-1-2, San Diego

APN/PARCEL ID

471-201-04

ASK ABOUT THIS PROPERTY

Brendan FlynnSouth Coast Commercial, Inc.More Info
760-542-8730

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Brendan FlynnSouth Coast Commercial, Inc.More Info
760-542-8730

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