3245-57 Bramson Pl - Apartments FOR SALE


San Diego, CA 92104- Corridor
$3,250,000 USD
619-733-9038
3245-57 Bramson Pl, San Diego, CA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/15
null | 4.56% Cap Rate

3245-57 Bramson Pl
San Diego, CA 92104
Corridor


HIGHLIGHTS

  • Walkable Location
  • Value Add Potential through rent increases and added density

OVERVIEW

Define Real Estate is pleased to present 3245-57 Bramson Place, a fully occupied 8-unit multifamily property in North Park, San Diego. The property features (3) one-bedroom and (5) two-bedroom units and offers immediate value-add potential through targeted renovations and the conversion of three garages into additional rental units. With nine dedicated parking spaces and on-site laundry, the property supports tenant retention while providing significant potential to increase cash flow. Assumable loan and seller financed second add to the potential for a Buyer to stabilize and refinance upon completion. Highly accessible to downtown San Diego, Mission Valley, and key employment and lifestyle destinations, the area attracts a large and affluent renter base. Situated in the heart of North Park, the property is surrounded by one of San Diego’s most established urban neighborhoods. Residents benefit from immediate access to Balboa Park, Downtown, and major employment corridors, as well as a wide array of dining, breweries, boutique retail, and cultural venues. North Park’s combination of connectivity, amenities, and historic character continues to distinguish it as one of the city’s most desirable residential communities. Limited multifamily supply and strong demand for quality rental housing position 3245–57 Bramson Place for both near-term revenue growth and long-term appreciation, making it a compelling investment opportunity in one of San Diego’s most desirable urban communities.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$662 USD /SF

# OF UNITS

8

PRICE/UNIT

$406,250

CAP RATE

4.56%

% 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

1970

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R-3

APN/PARCEL ID

447-564-01

ASK ABOUT THIS PROPERTY

Daniel FeffermanDefine Real EstateMore Info
619-733-9038

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Daniel FeffermanDefine Real EstateMore Info
619-733-9038

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