3423-3443 Marlborough Ave - Apartments FOR SALE


San Diego, CA 92105- Castle
$6,995,000 USD
619-784-1031
3423-3443 Marlborough Ave, San Diego, CA for Sale
$6,995,000 USD
Apartments - FOR SALE
1/12
null | 5.34% Cap Rate

3423-3443 Marlborough Ave
San Diego, CA 92105
Castle


HIGHLIGHTS

  • Extensively Renovated in 2020
  • Fantastic Unit Mix, Mostly 2Bdrm/2Bath Units
  • In-Unit Laundry (18 of 22 Units)
  • Ample Onsite Parking: 28 Spaces
  • Strong In-Place Rents w/ Upside
  • ADU Upside Potential

OVERVIEW

This is an extensively renovated (Yr 2020) and well-maintained 22-unit apartment community in the City Heights neighborhood of San Diego. This property has a fantastic unit mix: eighteen (18) 2Bdrm/2Bath with in-unit laundry and four (4) 1Bdrm/1Bath units. The property has ample onsite parking (28 spaces) and is situated in a predominantly single-family neighborhood near transit, local freeways and shopping. This represents an opportunity to acquire a fully renovated asset with additional upside in one of San Diego's best-performing submarkets. **Contact listing agent for Offering Memorandum and to schedule a tour. **

FOR SALE DETAILS

PRICE

$6,995,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

22

PRICE/UNIT

$317,955

CAP RATE

5.34%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22-Units, Mostly 2Bd/2Ba w/ Laundry

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,275 SF

ZONING

RS-1-7

APN/PARCEL ID

454-332-01,454-332-27

ASK ABOUT THIS PROPERTY

James V. CarterApartment Realty Group, IncMore Info
619-784-1031

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James V. CarterApartment Realty Group, IncMore Info
619-784-1031

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