942 23rd St - Apartments FOR SALE


San Diego, CA 92102- Golden Hill
$1,995,000 USD
858-321-5181
942 23rd St, San Diego, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/14
null | 5.13% Cap Rate

942 23rd St
San Diego, CA 92102
Golden Hill


HIGHLIGHTS

  • Fully furnished units
  • Strong in-place rent with upside
  • Expansive patio area with outdoor kitchen, jacuzzi, grill and lounging area
  • Seller owned solar panels
  • Five legal units, one non-conforming unit

OVERVIEW

BridgePoint Realty, Inc. is proud to present 942 23rd St, a thoughtfully renovated apartment community in the heart of Golden Hill, ideally positioned to capture strong rental demand with fully furnished units. Combining attractive in-place cash flow with exceptional long-term upside, the property features an expansive shared outdoor amenity area complete with an outdoor kitchen, BBQ area, gas fire pit, shaded patio and spa — creating a highly desirable lifestyle experience for residents. Situated on a well-appointed 4,828 SF lot, the property consists of five legal units plus one non-conforming apartment unit, along with separately metered utilities enhanced by installed solar panels for improved operating efficiency. Contact Alex Kohl

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$913 USD /SF

# OF UNITS

5

PRICE/UNIT

$399,000

CAP RATE

5.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RM-1-2

APN/PARCEL ID

534-382-12

ASK ABOUT THIS PROPERTY

Adrian GonzalezBridgePoint Realty, INCMore Info
858-321-5181

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Adrian GonzalezBridgePoint Realty, INCMore Info
858-321-5181

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