2491 C St - Apartments FOR SALE


San Diego, CA 92102- Golden Hill
$3,800,000 USD
760-822-9861
2491 C St, San Diego, CA for Sale
$3,800,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

2491 C St
San Diego, CA 92102
Golden Hill


HIGHLIGHTS

  • Exceptional corner location in the heart of Golden Hill with Immediate Rental Upside
  • Ideal unit mix of (9) one-bedrooms, (1) twobedroom, and (3) street front retail shops
  • Two contiguous corner parcels totaling 14,000 SF, ideal for future development
  • Walking distance from top ranked restaurants, eclectic shops, trendy cafes, schools, parks, entertainment, and employment
  • Abundant parking with 17 dedicated parking spaces on-site
  • Proximity to Balboa Park, Downtown, South Park, and Little Italy

OVERVIEW

CBRE is pleased to offer for sale an ideal mix of 10 residential units and 3 street front retail spaces located on the premier corner of the Golden Hill neighborhood, one of central San Diego’s most sought after communities. The property is a combination of old and new construction, featuring well-appointed landscaping, and an ideal unit mix of 9 one-bedrooms, 1 two-bedroom, and 3 street front retail shops. There are 17 parking spaces between the street and ally to serve the property. The buildings are separated on two parcels totaling 14,000 SF, ideal for future development. Tenants are walking distance to top ranked restaurants, parks, trendy cafés, eclectic shops, schools, entertainment, and employment. 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. The property offers a new investor immediate rental upside. NOTE: The property address's are: 2491-95 C Street, 1034-38 25th Street, and 2483 C Street. There are 2 contiguos parcels.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$427 USD /SF

# OF UNITS

13

PRICE/UNIT

$292,308

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corner Lot @ 25th & C Street - 10 Res /3 Ret

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

CC-3-4

APN/PARCEL ID

534-272-09,534-272-10

ASK ABOUT THIS PROPERTY

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

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

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