$6,925,000
$7,250,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
4333 College Ave. San Diego, CA 92115
Key Details
Sold Price $6,925,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 180014260
Sold Date 10/24/18
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
The Dalton Apartments is a boutique and millennial branded 35 unit garden low rise apartment complex that presents a strong and solid investment opportunity in the highly sought after San Diego multi-family market. Located within the College Area submarket, this property is located very close to San Diego State University and its’ large, consistent population of renters. Two main freeways are within 5 minutes and there is a multitude of retail, dining, entertainment and other attractive amenities in this area. The property includes 33 Suite Style 1bedroom/1bathroom units, one 2bedroom/1bath unit and a 3 bedroom/2bathroom house. In addition, the property boasts a community pool, on-site laundry, and one on-site parking spot for each unit. This entire property has seen a massive transformation while still keeping its integrity as a mid-century building. This asset has undergone a ton of major infrastructural and interior/exterior upgrades. Renovations include but are not limited to: roof repair and replacement, pool upgrades, asphalt repairs, exterior painting, property rebranding, interior common area paint, and professional landscaping. In addition, a substantial amount of the interiors has been remodeled including new bathroom and kitchen upgrades. With these upgraded units, management can rent units quickly and at a higher than average market rent. The fully renovated units include new cabinets, counter tops, appliances, and bathroom upgrades. The ownership has taken a midcentury building and breathed new life into it for the next owner to enjoy for the foreseeable future. Exterior: ,
Location
State CA
County San Diego
Area 92115 - San Diego
Zoning R-4
Interior
Heating Wall Furnace
Fireplace No
Others
Tax ID 4730411500
Acceptable Financing Cash
Listing Terms Cash
Financing Cash to New Loan
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Benn Vogelsang • South Coast Commercial, Inc.