3942 8th Ave - Apartments FOR SALE


San Diego, CA 92103- Uptown San Diego
$4,185,000 USD
858-205-4785
3942 8th Ave, San Diego, CA for Sale
$4,185,000 USD
Apartments - FOR SALE
1/20
null | 5.06% Cap Rate

3942 8th Ave
San Diego, CA 92103
Uptown San Diego


OVERVIEW

WLA 3942 on 8th is an existing Single Room Occupancy (SRO) property with 31 units strategically located in the uptown neighborhood of Hillcrest, one of San Diego’s most coveted urban locations. Built in 1925, the property feature small units with a combination of shared-bathrooms and rooms with private bathrooms. There are common laundry facilities and a gated landscaped yard. The property is located one-block from the Wholefoods Market and dozens of eateries and restaurants. The Trader Joe’s / Ralph's shopping center is located less than ¼ mile away on University Avenue. WLA 3942 on 8th is walking distance to 10 bus lines, including the new Rapid Bus Transit, which offers high-speed, limited stop service between San Diego State University and downtown San Diego. Hillcrest is served by the region’s highest level of bus service. Centrally located between downtown San Diego, Mission Valley, and North Park, Hillcrest has quick access to freeways, transit, and surrounding neighborhoods and major employment centers.

FOR SALE DETAILS

PRICE

$4,185,000 USD

PRICE/SF

$131 USD /SF

# OF UNITS

31

PRICE/UNIT

$135,000

CAP RATE

5.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,576 SF

ZONING

CC-3-8

APN/PARCEL ID

444-683-12

ASK ABOUT THIS PROPERTY

Jim NeilKidder MathewsMore Info
858-205-4785

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Jim NeilKidder MathewsMore Info
858-205-4785

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