$4,125,000
$4,500,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
5545 Hardy Avenue San Diego, CA 92115
Key Details
Sold Price $4,125,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 190040724
Sold Date 11/04/19
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
$145,161 Per Bed. $281,250 Per Bedroom. The 5 Unit recently completed Delta Upsilon Fraternity House is situated adjacent to the campus of San Diego State University. The 3-story building consists of 5 units with approximately 31 beds and approximately 10,400 rentable square feet situated on a 6,874 Sq Ft lot with primary access along Hardy Avenue on the northern property line. The existing unit mix consists of (3) 4 Bed / 2 Bath Units and (2) 2 Bed / 2 Bath units. The improvements are of wood frame construction and were completed in October 2017. The property has 13 parking spaces in a secure garage as well as an elevator and balconies. The interiors have modern design and amenities. Common areas feature a large study/chapter room, restroom facilities, laundry and an additional kitchen. The units are separately metered for all utilities and there is existing utility income from the residents. There are 5 tankless gas water heaters and 6 gas and electric meters.
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Fireplace No
Others
Tax ID 4660320300
Financing Cash to New Loan
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Bought with Kevin Roy • Healthcare Finance Partners, C