5738 Meade Ave - Apartments FOR SALE


San Diego, CA 92115- El Cerrito
$1,449,000 USD
619-850-4574
5738 Meade Ave, San Diego, CA for Sale
$1,449,000 USD
Apartments - FOR SALE
1/50
null | 5.45% Cap Rate

5738 Meade Ave
San Diego, CA 92115
El Cerrito


HIGHLIGHTS

  • Owner occupied or investor opportunity.
  • Great location.
  • Good mix of units.

OVERVIEW

Excellent opportunity for an investor or owner-occupant to acquire a prime multi-family property in the highly desirable College Area, conveniently located near shopping, schools, and major freeways. This well-maintained and recently renovated property offers three separate living spaces, including a spacious four-bedroom, two-bathroom unit, a comfortable two-bedroom, one-bathroom unit, and a functional studio ideal for generating additional rental income. The property also features a two-car garage and has been thoughtfully updated, making it move-in ready and easy to lease. This is an outstanding opportunity for investors seeking a stable, income-producing asset or for an owner-occupant looking to offset living expenses with rental income.Do not disturb occupants. Shown with accepted offer.Shown with accepted offer.

FOR SALE DETAILS

PRICE

$1,449,000 USD

PRICE/SF

$475 USD /SF

# OF UNITS

3

PRICE/UNIT

$483,000

CAP RATE

5.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,001 SF

ZONING

RS-1-7

APN/PARCEL ID

472-092-13

ASK ABOUT THIS PROPERTY

Tom ParashosPalisade Commercial RealtyMore Info
619-850-4574

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Tom ParashosPalisade Commercial RealtyMore Info
619-850-4574

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