638-640 22nd St - Apartments FOR SALE


San Diego, CA 92102
$1,350,000 USD
415-250-4947
638-640 22nd St, San Diego, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/23
null | 5.17% Cap Rate

638-640 22nd St
San Diego, CA 92102


HIGHLIGHTS

  • 1890 Victorian Complex
  • 4 Units off Market Street and the highway

OVERVIEW

638-40 22nd Street is a Historic Victorian Farmhouse in Sherman Heights. Located in the heart of Sherman Heights, one of San Diego's oldest and most storied neighborhoods, this 1895 Victorian 4plex stands as a testament the City's rich history. The original structure accommodates 3 units consisting of one 2 Bedroom and two 1 Bedrooms, each with their own patios, and in the basement you'll find a storage locker for each unit and common laundry machines. There is also a separate 1 bedroom cottage and all units are fenced in with a key-gated entry to the lovely, lush grounds. The foundation, plumbing and electrical were all recently redone as well as a termite clearance. Buyer to verify. The owner bills back the tenants for water and the units have new appliances. The Mills Act Paperwork has been gathered but not submitted. Buyer to verify.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$603 USD /SF

# OF UNITS

4

PRICE/UNIT

$337,500

CAP RATE

5.17%

% 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

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R4

APN/PARCEL ID

535-220-06

ASK ABOUT THIS PROPERTY

Benn VogelsangNorthmarqMore Info
415-250-4947

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Benn VogelsangNorthmarqMore Info
415-250-4947

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