215-221 20th St - Apartments FOR SALE


San Diego, CA 92102- Sherman Heights
$1,750,000 USD
619-415-5736
215-221 20th St, San Diego, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/23
null | 4.62% Cap Rate

215-221 20th St
San Diego, CA 92102
Sherman Heights


HIGHLIGHTS

  • Upside without heavy lifting: Several units have already been remodeled and there is still space to grow the rents
  • Walkable Location: Walking Distance from Downtown. There are plenty of nearby restaurants.
  • Great Location for Commuting: Only a short drive from most of San Diego. A quick commute to work is valuable to tenants

OVERVIEW

South Coast Commercial is pleased to present 215–221 20th Street, a 6-unit multifamily investment located in the desirable Sherman Heights neighborhood of San Diego. The property comprises six one-bedroom/one-bath apartments across one- and two-story structures. With its efficient design and stable operations, the asset offers investors a well-positioned opportunity in a revitalizing submarket. Shown only with accepted offer. Information herein has been obtained from sources believed reliable. South Coast Commercial INC does not doubt the accuracy, but we have not verified it and make no guarantee, warranty or representations. Reach out to Ellis Jolly for all questions and info (619) 415-5736

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$623 USD /SF

# OF UNITS

6

PRICE/UNIT

$291,667

CAP RATE

4.62%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

MF-3000, San Diego

APN/PARCEL ID

535-421-06

ASK ABOUT THIS PROPERTY

Ellis JollySouth Coast Commercial, Inc.More Info
619-415-5736

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Ellis JollySouth Coast Commercial, Inc.More Info
619-415-5736

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