4539 36th St - Apartments FOR SALE


San Diego, CA 92116- Normal Heights
$2,825,000 USD
859-433-8741
4539 36th St, San Diego, CA for Sale
$2,825,000 USD
Apartments - FOR SALE
1/17
null | 5.25% Cap Rate

4539 36th St
San Diego, CA 92116
Normal Heights


HIGHLIGHTS

  • Fully Renovated In 2022
  • Off Street Parking - 8 Spaces & 1 Double Garage
  • In Unit Laundry
  • Walk In Closets
  • Split System AC/Heat
  • 91 Walk Score, 1.5 Blocks from Adams Ave

OVERVIEW

WHITEWATER Commercial Real Estate is pleased to present a 7-unit apartment complex in the thriving and hip neighborhood of Normal Heights. 4539 36th Street was built in 1976 and fully renovated in 2022. 4539 36th St current unit mix consists of (1) two-bedroom/two- bathroom unit and (6) one-bedroom/one-bathroom units. The units also have access to off-street parking with (8) surface spaces and (1) two-car garage. The property has been renovated, both inside and out, with high-end materials and a modern design. Upgrades include redesigned kitchens and bathrooms, in-unit laundry, and split system heating and air conditioning. Select units feature walk- in closets, balconies and vaulted ceilings. The property has also been retrofitted with dual pane vinyl windows and secure gated access to the courtyard. Professionally managed, this turnkey opportunity appeals to the passive investor who wish to add to their portfolio. With a walk score of 91 just 1.5 blocks south of the main throughfare in Normal Heights consisting of many bars and restaurants, Adams Ave., the property is well positioned with the investor’s longevity in mind.

FOR SALE DETAILS

PRICE

$2,825,000 USD

PRICE/SF

$615 USD /SF

# OF UNITS

7

PRICE/UNIT

$403,571

CAP RATE

5.25%

% 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

1976

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,250 SF

ZONING

MR15B

APN/PARCEL ID

447-042-11

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 Policy.