$5,250,000
$5,595,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
4201 51st Street San Diego, CA 92115
0.36 Acres Lot
Key Details
Sold Price $5,250,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230023680SD
Sold Date 11/21/23
HOA Y/N No
Lot Size 0.359 Acres
Property Sub-Type Mixed Use
Property Description
23 Unit Multi Family Building near SDSU with an amazing 23 Parking Spaces plus 3 Garages! This beautiful building located in the heart of San Diego has been renovated with a New Roof, Upgraded flooring, paint, countertops, kitchens, bathrooms, exterior stucco and landscaping! This building features 22 One Bed, One Bath units and 1 Studio with a 100% occupancy rate! Rents are very close to market but still have room to grow! This is the perfect property for 1031 or for someone looking for immediate cashflow. There are 3, one car garages that are currently built out as 6 storage units. Investors can keep them as storage units and rent them out, convert back into garages and rent them out, or leverage the ADU laws to create an extra unit there! Don't miss your opportunity to own one of the nicer buildings in the area!
Location
State CA
County San Diego
Area 92115 - San Diego
Zoning Commercial
Interior
Fireplace No
Exterior
Total Parking Spaces 26
Others
Tax ID 4721622800
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
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Bought with Ed Bustamante • South Bay Real Estate