3729 Mississippi St - Apartments FOR SALE


San Diego, CA 92104- North Park
$2,275,000 USD
619-851-7026
3729 Mississippi St, San Diego, CA for Sale
$2,275,000 USD
Apartments - FOR SALE
1/14
null | 3.22% Cap Rate

3729 Mississippi St
San Diego, CA 92104
North Park


HIGHLIGHTS

  • Spanish-style multifamily complex
  • Individual parking space for each unit
  • Private storage closet included with each unit
  • On-site coin-operated laundry
  • Combination of updated units and value-add opportunity
  • Located between University Ave and Upas St

OVERVIEW

Welcome to Villa Serenidad. A well maintained Spanish style complex with four 1br 1bth units and two 2br 1bath units. Each unit has its own parking space, and a storage closet in front of the parking space, on-site coin operated laundry. Four of the units have been tastefully updated with updated hard surface flooring, quartz countertops, shaker style cabinets, and recessed lighting. This property is ideally situated between University and Upas making it close to public transit, shopping, entertainment, Balboa Park and much more! Over $15K of electrical work completed in the last year. Value add opportunity with putting in mini split units and in unit washer and dryer in each unit.The property is offered for sale at $2,275,000 with a 3.22% cap rate. No property showings will be permitted until an offer has been accepted. Effective square footage is unknown, and buyers are responsible for independently verifying the property’s square footage and all related details.

FOR SALE DETAILS

PRICE

$2,275,000 USD

PRICE/SF

$299 USD /SF

# OF UNITS

6

PRICE/UNIT

$379,167

CAP RATE

3.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Serenidad

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,573 SF

ZONING

RM-1-1

APN/PARCEL ID

453-022-10

ASK ABOUT THIS PROPERTY

Evan MorrisOrion Management & Realty, Inc.More Info
619-851-7026

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Evan MorrisOrion Management & Realty, Inc.More Info
619-851-7026

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