1009-1017 Hornblend St - Apartments FOR SALE


San Diego, CA 92109- Pacific Beach
$4,150,000 USD
619-784-1031
1009-1017 Hornblend St, San Diego, CA for Sale
$4,150,000 USD
Apartments - FOR SALE
1/11
null | 4% Cap Rate

1009-1017 Hornblend St
San Diego, CA 92109
Pacific Beach


HIGHLIGHTS

  • Prime Coastal San DIego Location - Pacific Beach
  • Irreplaceable Coastal Real Estate
  • 2 blocks from the Ocean
  • Desirable Unit Mix: 1, 2 and 3 Bedroom Units
  • Stabilized Asset w/ Strong In-place Income
  • Shared Common Area Yard for Tenants to Enjoy

OVERVIEW

This is a fantastic opportunity to purchase a renovated coastal 6-unit complex in the high-demand rental market of Pacific Beach. The subject property is located just a couple of blocks from the Pacific Ocean and is conveniently situated between Grand Ave and Garnet Ave near shops, restaurants, cafes and bars. The unit mix consists of (1) 3Bedroom/2Bathroom, (3) 2Bedroom/1Bathroom, and (2) 1Bedroom/1Bathroom units.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$1,095 USD /SF

# OF UNITS

6

PRICE/UNIT

$691,667

CAP RATE

4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6-Units Pacific Beach | 2-Blocks to Ocean

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RM-2-5 & CC-4-2

APN/PARCEL ID

423-052-23

ASK ABOUT THIS PROPERTY

James V. CarterApartment Realty Group, IncMore Info
619-784-1031

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James V. CarterApartment Realty Group, IncMore Info
619-784-1031

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