3423 Marlborough Ave, East San Diego, CA 92105

$6,995,000

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List Price
$6,995,000
Status
ACTIVE
MLS#
260019215SD
Lot Size
23,073
Acres
0.53
Days on Market
0
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

This is an extensively renovated (2020) and well-maintained 22-unit apartment community in the City Heights neighborhood of San Diego. This property has a fantastic unit mix: eighteen (18) 2Bdrm/2Bath with in-unit laundry and four (4) 1Bdrm/1Bath units. The property has ample onsite parking (28 spaces) and is situated in a predominantly single-family neighborhood near transit, local freeways and shopping. This represents an opportunity to acquire a fully renovated asset with strong in-place rents with additional upside in one of San Diego's best-performing submarkets. Two separate parcels (454-332-27-00 & 454-332-01-00)

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
22
Gross Scheduled Income
$611,230
Operating Expense
219595

Listing courtesy of Listing Agent: James Carter (James.Carter@ARG1031.com) from Listing Office: Apartment Realty Group (ARG).

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.