4177-4181 Georgia St - Apartments FOR SALE


San Diego, CA 92103- University Heights
$2,750,000 USD
859-433-8741
4177-4181 Georgia St, San Diego, CA for Sale
$2,750,000 USD
Apartments - FOR SALE
1/27
null | 5.4% Cap Rate

4177-4181 Georgia St
San Diego, CA 92103
University Heights


HIGHLIGHTS

  • Offers an attractive in-place cap rate of 5.40%
  • Boasts a 95 Walk Score, & within walking distance to attractions along Park Blvd
  • Features a full amenity package, including air conditioning, laundry, and solar
  • Includes three off-street parking spaces for added convenience
  • Ideally located in the heart of University Heights

OVERVIEW

Whitewater Commercial Real Estate is pleased to present a 6-unit apartment community located in the highly desirable neighborhood of University Heights in San Diego, California. Situated at 4173 Georgia Street, the property underwent a full renovation in 2019 and was expanded in 2023 with the addition of two newly constructed units. The property is situated on a 6,971 square foot lot and offers approximately 4,332 rentable square feet. The unit mix consists of a favorable unit mix the features (3) one-bedroom / one-bathroom units, (2) two-bedroom / two-bathroom units, and (1) three-bedroom / two-bathroom unit. Each unit is equipped with split AC and heating systems, with select units offering private patios or yard space. Two units include in-unit laundry, while the remaining units share on-site laundry facilities. The property also provides 3 off-street parking spaces.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$635 USD /SF

# OF UNITS

6

PRICE/UNIT

$458,333

CAP RATE

5.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,840 SF

ZONING

-

APN/PARCEL ID

445-502-05

ASK ABOUT THIS PROPERTY

Carson TrujilloWhitewater Commercial Real EstateMore Info
859-433-8741

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Carson TrujilloWhitewater Commercial Real EstateMore Info
859-433-8741

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