1159 24th St - Apartments FOR SALE


San Diego, CA 92102- Golden Hill
$2,000,000 USD
760-822-9861
1159 24th St, San Diego, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

1159 24th St
San Diego, CA 92102
Golden Hill


HIGHLIGHTS

  • Exceptional best-in-class architecture, spacious one-bedroom flats each measuring 888 SF
  • Walking distance from top ranked restaurants, eclectic shops, trendy cafes, schools, parks, and entertainment
  • Featuring 9 foot ceilings, floor to ceiling windows, in-unit full size W/Ds, private balconies/ patios, beautifully landscaped private yard, and 4 gar
  • Major employment hub with convenient access to Interstates 5, I-15, Highway 94, and Hwy-163
  • Proximity to Balboa Park, Downtown, and Little Italy
  • IMMEDIATE RENTAL UPSIDE

OVERVIEW

CBRE is pleased to offer for sale 1159 24th Street, an exquisite fourplex ideally located in the heart of Golden Hill. Built in 1933 and exceptionally maintained, the property features 4 incredibly spacious one-bedrooms measuring 888 SF each with 9-foot ceilings, floor to ceiling windows, in-unit full size washer/dryers, private patios/balconies, beautifully landscaped backyard, and four single garages for the tenant’s convenience. This property is truly best-in-class and attracts the highest quality tenants in the market. The property offers a new owner immediate rental upside. Golden Hill is one of central San Diego’s premier residential neighborhoods offering a vibrant urban lifestyle while still maintaining a sense of tranquility.  Situated on the boarder of Balboa Park to the North and Downtown to the West, Golden Hill enjoys the best San Diego has to offer.  Residents are walking distance to top ranked restaurants, parks, trendy cafés, eclectic shops, schools, and entertainment.  They also enjoy easy access to Highway 94, Interstates 5 and 15. The area is thriving with new construction along with renovation of existing buildings, offering a unique blend of historic charm and contemporary urban living.  As a result, Golden Hill has become a magnet for young professionals, families, and high net worth individuals, making it ideal for real estate investment.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$563 USD /SF

# OF UNITS

4

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1933

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R4

APN/PARCEL ID

534-143-02

ASK ABOUT THIS PROPERTY

Philip BuckleyCBRE, Inc.More Info
760-822-9861

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

Philip BuckleyCBRE, Inc.More Info
760-822-9861

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