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$ 4,790,000
Est. payment /mo
New
1057 Grand Ave San Diego, CA 92109
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260014258SD
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
This is an 8-unit property with 8 garages in PB and only 3.5 blocks to the ocean. All units consist of 2 bedroom, 1 bath, 825 sqft with patios. All are residential units totaling 6,600 sqft on a 12,490 sqft lot. Current rents are extremely low. CAP can be 4.5% at $3,500 a month rent w/ no updating. Also, may be potential for garage-to-ADU conversions. This provides a rare opportunity to own multifamily real estate just steps from the funnest beach in San Diego, Pacific Beach. 3 are STVRs, 1 vacant, 4 long term rentals. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS<<<
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Zoning RM 2-5
Interior
Fireplace No
Exterior
Total Parking Spaces 8
Others
Tax ID 4231540600
Virtual Tour https://listings.revvideoproductions.com/video/ScGpek4gqoTvzI1Hzq8QHGkGCESurCcPiqfNQ3bH9Yk
Listed by Monique LeBlanc The Agency #01826588