4053 Wilson Ave - Apartments FOR SALE


San Diego, CA 92104- Corridor
$2,900,000 USD
619-399-7279
4053 Wilson Ave, San Diego, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/11
null | 3.97% Cap Rate

4053 Wilson Ave
San Diego, CA 92104
Corridor


OVERVIEW

4053 Wilson Avenue Apartments, is an eight-unit multifamily property strategically located in the heart of San Diego's vibrant City Heights neighborhood. This fully leased asset offers a compelling investment opportunity with stable in-place income and strong potential for future upside. There are 9 parking spaces, one for each unit, and the last one for additional revenue. The property has had several capital improvements including a north facing wall and patio dividers, a French drain on north side of wall, new drains on private patios, and an addition of a sump pump reducing long term expenses. A new water was installed in June servicing the entire building. Built in 1969, the building sits on a 7405 square foot lot.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$458 USD /SF

# OF UNITS

8

PRICE/UNIT

$362,500

CAP RATE

3.97%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,013 SF

ZONING

RM-1-2, San Diego

APN/PARCEL ID

447-402-09

ASK ABOUT THIS PROPERTY

Mary LaterzaCore Property GroupMore Info
619-399-7279

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

Mary LaterzaCore Property GroupMore Info
619-399-7279

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