8573-8579 Glenhaven St - Apartments FOR SALE


San Diego, CA 92123- Serra Mesa
$2,195,000 USD
858-247-1095
8573-8579 Glenhaven St, San Diego, CA for Sale
$2,195,000 USD
Apartments - FOR SALE
1/10
null | 5.86% Cap Rate

8573-8579 Glenhaven St
San Diego, CA 92123
Serra Mesa


HIGHLIGHTS

  • Prime Central San Diego Location (Serra Mesa)
  • Strong Unit Mix: All 3Bedroom / 2Bathroom 1,130sf Units
  • High In-Place CAP Rate: 5.86% + Low Price/SF: $485/SF
  • Tenant Amenities Include: Spacious Floorplans, Carport Parking, Private Yards / Patios, Storage Sheds, & Onsite Laundry
  • Improvements Include: New Sewer Lines, Upgraded Plumbing, Upgraded Siding w/ Fresh Paint, New Landscaping, Storage Sheds + Interior Upgrades
  • Convenient Location Near Montgomery-Gibbs Airport, Taft Middle School, I-8, I-805, & CA-163

OVERVIEW

Centrally located in one San Diego’s strongest rental markets (Serra Mesa), the Apartment Homes on Glenhaven present an investor with an amazing investment opportunity. The property and consists of four (4) 3Bedroom /2Bathroom 1,130sf units, and is situated on a 7,325sf parcel. Tenant Amenities include spacious floorplans, private yards / patios, carport parking, storage sheds, and an onsite laundry room. With strong in-place rents, this asset offers high cash flow (5.86% CAP) at a low price per square foot ($485/sf). The property, which is near Montgomery-Gibbs Airport, Taft Middle School, I-8, I-805, & CA-163, is perfect for an owner occupant looking for income to offset their mortgage, or an investor looking for strong cash flow in a desirable rental market.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$486 USD /SF

# OF UNITS

4

PRICE/UNIT

$548,750

CAP RATE

5.86%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

All 3Bedroom/2Bathroom 1,130sf Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,325 SF

ZONING

RM-3-7, San Diego

APN/PARCEL ID

421-190-15

ASK ABOUT THIS PROPERTY

Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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

Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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