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