4960-4970 Auburn Dr - Apartments FOR SALE


San Diego, CA 92105- Fox Canyon
$10,800,000 USD
858-964-8087
4960-4970 Auburn Dr, San Diego, CA for Sale
$10,800,000 USD
Apartments - FOR SALE
1/15
null | 6.1% Cap Rate

4960-4970 Auburn Dr
San Diego, CA 92105
Fox Canyon


HIGHLIGHTS

  • High 6.10% CAP Rate on Actuals + Rental Upside
  • 1986 Vintage - Beautiful Architecture with Stone Accents
  • 2 Bedroom Floorplans with Walk-in closets.
  • Low Price Per Unit @ $240,000

OVERVIEW

Auburn Apartments is a 45 unit community located in the Fox Canyon neighborhood of San Diego, California. Built in 1986, Auburn Apartments consists of 44 two-bedroom, one-bath units that are approximately 690 square feet and 1 three three-bedroom, one-bath unit at approximately 910 square feet. Units provide a functional open floor plan and with walk-in closets in the master bedroom. Fox Canyon is centrally located within City Heights zip code of the San Diego metropolitan area. Development in City Heights is a mixture of single-family and multi-family residential with commercial and other non-residential development concentrated along the major arterials, including El Cajon Boulevard, University Avenue, Fairmount Avenue, and Euclid Avenue. There are also pockets of neighborhood commercial areas throughout the community.

FOR SALE DETAILS

PRICE

$10,800,000 USD

PRICE/SF

$344 USD /SF

# OF UNITS

45

PRICE/UNIT

$240,000

CAP RATE

6.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auburn Apartments (Newer 1986 Construction)

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

RS-1-7

APN/PARCEL ID

471-792-17

ASK ABOUT THIS PROPERTY

Dave PlutnerDP Properties Real Estate Investment BrokerageMore Info
858-964-8087

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Dave PlutnerDP Properties Real Estate Investment BrokerageMore Info
858-964-8087

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