1251 Van Nuys St - Apartments FOR SALE


San Diego, CA 92109- La Jolla Alta
$5,000,000 USD
661-282-2246
1251 Van Nuys St, San Diego, CA for Sale
$5,000,000 USD
Apartments - FOR SALE
1/23
null | 4.41% Cap Rate

1251 Van Nuys St
San Diego, CA 92109
La Jolla Alta


HIGHLIGHTS

  • Luxury Residential
  • Income Property Opportunity
  • Primary Residence + ADU
  • 6-Car Garage

OVERVIEW

Primary residence plus an ADU in Pacific Beach, with a SIX-CAR GARAGE and an elevator. Luxury owner-user property with income optionality. Approximately 4,000 SF total, including an approximately 2,700 SF primary residence and 1,300 SF ADU. The ADU is located on the top level and is also served by the elevator. This offering has broad buyer appeal to investors, luxury buyers, owner-users, family-compound buyers, and 1031-exchange buyers. It can be purchased with the adjacent four units at 1243–1245 Van Nuys Street for $4 million, for a total price of $9 million. The combined offering includes six residences and 12 parking spaces, including a SIX-CAR GARAGE. Great location with ocean view!

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$1,250 USD /SF

# OF UNITS

2

PRICE/UNIT

$2,500,000

CAP RATE

4.41%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1251-1253 Van Nuys St. - Pacific Beach

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,523 SF

ZONING

R-1-7

APN/PARCEL ID

415-132-04

ASK ABOUT THIS PROPERTY

Mary Sawyer, CCIMPortfolio PropertiesMore Info
661-282-2246

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Mary Sawyer, CCIMPortfolio PropertiesMore Info
661-282-2246

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