4768-4772 Coronado Ave - Apartments FOR SALE


San Diego, CA 92107- Ocean Beach
$2,599,000 USD
858-255-0052
4768-4772 Coronado Ave, San Diego, CA for Sale
$2,599,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

4768-4772 Coronado Ave
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Superior location in Ocean Beach with views Very desireable for income property ownership
  • Potential to add additional ADU's
  • There are 3 attached single car garages , one parking spot and large Solar service with no debt

OVERVIEW

This property has remarkable ocean views and is in a most desirable location for income properties. The property was in Escrow but the buyer did not perform. We removed the contract from Escrow and have reduced the price. It is being sold As-Is Three Units are vacant. One unit is temporally occupied by a caretaker unitil property is sold. The Owner added a Solar system with 5 panels and battery storage in garage of unit 1. All of the units have been rented for several years but have always had rental rates significantly below Market Rate and the Seller has no information about historical operational and maintenance expenses so there is no Financial data with this listing In order to assist buyers with due-diligence we have have several inspections done that are included with investigation attachments for this listing. They include Property Inspection, Termite Inspection, camera sewer line inspection and Foundation inspection . Each potential purchaser, however, is encouraged to do their own due-diligence

FOR SALE DETAILS

PRICE

$2,599,000 USD

PRICE/SF

$937 USD /SF

# OF UNITS

4

PRICE/UNIT

$649,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R-2

APN/PARCEL ID

448-372-03

ASK ABOUT THIS PROPERTY

Dan DennisonTXR Homes, Inc.More Info
858-255-0052

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Dan DennisonTXR Homes, Inc.More Info
858-255-0052

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