3770 Georgia St - Apartments FOR SALE


San Diego, CA 92103- North Park
$3,090,000 USD
619-784-1031
3770 Georgia St, San Diego, CA for Sale
$3,090,000 USD
Apartments - FOR SALE
1/14
null | 4.31% Cap Rate

3770 Georgia St
San Diego, CA 92103
North Park


HIGHLIGHTS

  • Contact Listing Agent to Schedule a Tour
  • Seller Will Consider Carrying the Financing
  • A+ San Diego Location: Hillcrest / 92103 | Close Proximity to Balboa Park, Mission Hills & North Park
  • Very Well-Maintained Clean Asset | Hardwood Floors
  • Highly Desirable Charming Sunny Apartments | Vintage Spanish Style Architecture
  • (6) Single Car Garages with Onsite Laundry | Upstairs Units with Views

OVERVIEW

8-Units in Prime Hillcrest. Seller will consider carrying the financing. Located in the Hillcrest neighborhood of San Diego, CA, one of San Diego’s best performing submarkets, it consists of eight (8) one-bedroom apartments and six (6) single car garages with onsite laundry. Built in 1929, property offers potential historic designation featuring vintage Spanish Colonial Revival architecture with Heavy Adobe Bumpy wall stucco and mission style arched doors and windows • Very Well-Maintained Clean Asset • Highly Desirable Charming Sunny Apartments • 9-Ft Coved Ceilings, Hardwood Floors, Upstairs Units with Views • Good Upside Potential in Rents • All Apartments Individually Metered for Gas and Electricity • Close Proximity to Balboa Park, Mission Hills & North Park • ProForma Cap Rate: 5.80 / ProForma GRM: 12.20 Contact Listing Agent to Schedule a Tour and for the Offering Memorandum

FOR SALE DETAILS

PRICE

$3,090,000 USD

PRICE/SF

$549 USD /SF

# OF UNITS

8

PRICE/UNIT

$386,250

CAP RATE

4.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seller-Carry Available | Prime Hillcrest

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

RM-3-9

APN/PARCEL ID

452-201-14

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.