2760-2762 Market St - Apartments FOR SALE


San Diego, CA 92102- Golden Hill
$1,440,000 USD
760-473-9655
2760-2762 Market St, San Diego, CA for Sale
$1,440,000 USD
Apartments - FOR SALE
1/10
null | 4.84% Cap Rate

2760-2762 Market St
San Diego, CA 92102
Golden Hill


HIGHLIGHTS

  • Significant 2013 renovations including updated stucco, roof, windows, flooring, bathrooms, kitchens & fixtures
  • Secure gated parking, on-site laundry, common areas, and expansive views from elevated lot
  • Seller Financing at 5.0% I/O for 5-Years
  • Excellent Unit Mix - One 1 Bed / 1 Bath & Four 2 Bed / 1 Bath Units
  • One Mile to Downtown San Diego, Gaslamp Quarter, Petco Park

OVERVIEW

Market Street Apartments is a well-maintained five-unit multifamily asset located in the desirable Grant Hill neighborhood, just minutes from downtown San Diego. The property features an attractive mix of one- and two-bedroom units, including a detached two-bed/one-bath house, and underwent extensive renovations in 2013. Residents enjoy sweeping views, secured access, on-site laundry, and seven off-street parking spaces. With strong rental upside and convenient access to Hwy 94, Golden Hill, South Park, and downtown, this offering presents an excellent value-add opportunity for investors seeking long-term growth.

FOR SALE DETAILS

PRICE

$1,440,000 USD

PRICE/SF

$488 USD /SF

# OF UNITS

5

PRICE/UNIT

$288,000

CAP RATE

4.84%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

MF-15, San Diego

APN/PARCEL ID

535-321-08

ASK ABOUT THIS PROPERTY

Nic LyonACRE Investment Real Estate ServicesMore Info
760-473-9655

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Nic LyonACRE Investment Real Estate ServicesMore Info
760-473-9655

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