3691 National Ave - Apartments FOR SALE


San Diego, CA 92113- Southcrest
$5,720,000 USD
339-222-3361
3691 National Ave, San Diego, CA for Sale
$5,720,000 USD
Apartments - FOR SALE
1/25
null | 4.96% Cap Rate

3691 National Ave
San Diego, CA 92113
Southcrest


HIGHLIGHTS

  • 7 of 22 units are brand new
  • Gated Entry
  • Laundry On Site
  • Garage Parking
  • Well Located Between I-5 & I-805

OVERVIEW

3691 National Ave is a 22 unit multifamily property located on the corner of National and 37th St in San Diego's "Southcrest" neighborhood. Built in 1990, this was originally a 15 unit complex that has had seven brand new ADU's built, with certificate of occupancy available. With strong in place rent and fundamentals currently, 3691 National will have low maintenance costs for the foreseeable future. The unit mix consists of twenty-one 1 bed/1 bath units and one studio. Ideally located between I-5 & I-805, the gated complex features nine garages as well as additional 11 off-street parking spaces for the tenants to utilize along with laundry on site.

FOR SALE DETAILS

PRICE

$5,720,000 USD

PRICE/SF

$474 USD /SF

# OF UNITS

22

PRICE/UNIT

$260,000

CAP RATE

4.96%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,252 SF

ZONING

MS1-1500, San Diego

APN/PARCEL ID

550-202-19

ASK ABOUT THIS PROPERTY

Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

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Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

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