7453 Fulton St - Apartments FOR SALE


San Diego, CA 92111- Linda Vista
$1,800,000 USD
619-300-0173
7453 Fulton St, San Diego, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

7453 Fulton St
San Diego, CA 92111
Linda Vista


HIGHLIGHTS

  • Fully approved plans for 9 ADUs (PRJ-1115864) - build 11 total units on one lot
  • Remodeled duplex 100% occupied at $4,540/mo - carry income while you build
  • Dual-frontage corner lot - Fulton St + E Ingersoll St with individual addresses

OVERVIEW

7453-55 Fulton St pairs a thoroughly remodeled, income-ready duplex with approved plans (City of San Diego PRJ-1115864) for nine ADUs across five new buildings on a dual-frontage lot spanning Fulton St and E Ingersoll St. The approved mix delivers two studios, three 1BR/1BA and four 2BR/1BA units totaling roughly 6,000 SF of new living area, plus new on-site garage parking in Building 3. The existing duplex - two 624 SF 1BR/1BA units - remains untouched by the ADU scope and rents from day one, providing carry income while the nine new units are delivered. At completion the site operates as eleven individually addressed units.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$1,442 USD /SF

# OF UNITS

2

PRICE/UNIT

$900,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,578 SF

ZONING

RM-1-1

APN/PARCEL ID

432-051-17

ASK ABOUT THIS PROPERTY

Adam CairoStarker West, IncMore Info
619-300-0173

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Adam CairoStarker West, IncMore Info
619-300-0173

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