Pacific Beach (san Diego), CA 92109,Address not disclosed

$6,000,000

$6,495,000

7.6%
Est.Price: ?

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Est. payment /mo

2,613 Sqft Lot


SOLD DATE : 10/28/2020

Key Details

Sold Price $6,000,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 190056502

Sold Date 10/28/20

HOA Y/N No

Lot Size 2,613 Sqft

Property Description

PRICE REDUCTION! Rarely available RENOVATED 17 UNIT Apartment COMPLEX Situated IN THE HEART OF San Diego's Pacific Beach~ EACH UNIT IS A STUDIO APARTMENT LIVING~WELL MANICURED COURTYARD~9 OFF STREET PARKING + ONE SINGLE GARAGE~COMMUNITY LAUNDRY FACILITY~ What makes this investment property unique of its kind is that it is being leased out to a SINGLE tenant that runs a Rehabilitation Facility as its residential unit for its clients paying a NNN lease currently signed till April, 2025. Cap rate of 6.36% in this area is extremely rare.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Zoning Rm2-5

Interior

Fireplace No

Building

Story 1

Others

Tax ID 4230830900

Financing Cash

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California Regional MLS (CRMLS)
Listed by Hazel Rosete • Coldwell Banker Realty
Bought with Mie Kim • Coldwell Banker Realty
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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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