4055 Van Dyke Ave - Apartments FOR SALE


San Diego, CA 92105- Teralta West
$2,385,000 USD
619-889-3614
4055 Van Dyke Ave, San Diego, CA for Sale
$2,385,000 USD
Apartments - FOR SALE
1/2
null | 4.56% Cap Rate

4055 Van Dyke Ave
San Diego, CA 92105
Teralta West


HIGHLIGHTS

  • Value-Add Opportunity
  • Option to add 2-3 adu's in the rear carport
  • Immediate Rental Upside

OVERVIEW

Unlock the full potential of this property with a value-add opportunity. Embark on a journey of transformation with a complete interior and exterior renovation that will elevate this multi-family property to new heights. The canvas is yours to create 2-3 additional adu dwelling units in the rear, maximizing income potential and ensuring a lucrative investment. City Heights is a densely populated urban neighborhood in central San Diego, located just east of North Park and south of the 8 Freeway. It offers easy access to major highways (I-15, I-805, SR-94) and is approximately 10-15 minutes from Downtown San Diego and Balboa Park. City Heights is one of San Diego’s most diverse neighborhoods, the area's cultural richness contributes to its vibrant street life and strong demand for affordable housing.

FOR SALE DETAILS

PRICE

$2,385,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

9

PRICE/UNIT

$265,000

CAP RATE

4.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Van Dyke Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,998 SF

ZONING

R-4

APN/PARCEL ID

471-451-06

ASK ABOUT THIS PROPERTY

Anthony MendesThe Mendes CompanyMore Info
619-889-3614

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Anthony MendesThe Mendes CompanyMore Info
619-889-3614

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