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$4,950,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250019414
Property Description
PROPR Real Estate is pleased to offer a well-maintained, 12 Unit, multi-family asset in the heart of Pacific Beach. This prime location offers an exceptional opportunity for investors seeking a stable and profitable asset in one of San Diego's most sought-after coastal areas. Rents are significantly under market, offering the investor much upside at the lowest price per unit in Pacific Beach. Blocks from the beach and bay, the property is walking distance to retail and dining. The building offers assigned off-street parking, on-site laundry, and a charming courtyard featuring a dining area and grill, providing both convenience and a sense of community. Recent upgrades include new appliances throughout the apartments, complete exterior painting, and a rehabbed common area with new furniture and concrete. Additionally, the building has passed the required SB 721 balcony inspection, ensuring full compliance with California's safety regulations.
Location
State CA
County San Diego
Area Pacific Beach (92109)
Interior
Laundry Owned
Exterior
Parking Features Spaces
Building
Story 2
Others
Space Rent $260,016
Virtual Tour https://www.propertypanorama.com/instaview/snd/250019414
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Listed by Jeffrey Zettel • PROPR Real Estate Inc.