2109 Felspar St - Multi-Family FOR SALE


San Diego, CA 92109- Pacific Beach
$2,100,000 USD
760-573-8852
2109 Felspar St, San Diego, CA for Sale
$2,100,000 USD
Multi-Family - FOR SALE
1/9
null | Request Cap Rate

2109 Felspar St
San Diego, CA 92109
Pacific Beach


HIGHLIGHTS

  • 2 detached homes on 1 lot in Pacific Beach
  • Plans in place for construction of a new 11-unit development
  • Close to Mission Bay and everything Pacific Beach has to offer

OVERVIEW

**Existing Two detached houses in Prime Pacific Beach** Plans in place for construction of a new 11-Unit development • Located just blocks from Mission Bay and all that Pacific Beach has to offer • Existing unit mix consists of one detached (1) 3-bedroom/1-bath house, and one detached (1) 2-bedroom/1-bath house • Current improvements provide in-place rental income while pursuing development • Opportunity to significantly increase density in a high-demand coastal submarket • Located in one of San Diego's most supply-constrained rental markets

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$1,118 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,050,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11-unit Development Opportunity in PB

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,243 SF

ZONING

RM-2-5

APN/PARCEL ID

416-553-09-00

ASK ABOUT THIS PROPERTY

Jarrett SmithApartment Realty Group (ARG)More Info
760-573-8852

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Jarrett SmithApartment Realty Group (ARG)More Info
760-573-8852

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