$8,750,000 $46,972 est/mo Sourced by Back At You

1747 Chalcedony St,San Diego, CA 92109

San Diego CA, 92109

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Description

Perfect portfolio addition! Ownership is now in the 3rd generation of the same family, so here is your opportunity to acquire a VERY rare offering in North Pacific Beach! Priced well below estate appraisals for immediate sale, these two 16-unit buildings are available on the same block with just one property separating. They are being offered individually or as a pair for the perfect 32-unit acquisition. Excellent unit mix along with great onsite parking. The properties have been professionally managed for a very long time, including highly involved onsite managers. The vast majority of the units have been remodeled and project a current coastal tenant living expectation. Each has an onsite laundry facility, as well as video surveillance. The properties are uniquely set in a multifamily to single family transition neighborhood area, so the overall location feel is far superior to many PB offerings. The asset definitely has "value add" options for future income growth. This property exudes a pride of ownership location and a "Legacy" label, considering the long-term ownership history is clearly appropriate. Excellent documented history for income and expenses, including invested capital and maintenance costs, is available through the well-respected property management firm for the future owner. Call for additional details!

Details

MLS#240009993SD
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Days On Site20
Listing Provided ByeXp Realty of California, Inc 619-675-0123 | Ken Pecus

Features

Units16
Building(s)1
Acreage0.29

Market Activity 92109

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySan Diego
CitySan Diego
Zip Code92109
Area92109 Pacific Beach
Listing VS Median (in 92109)
Price:
$8,750,000
low | high
Med:
$1,294,450
100% of Average
On Site:
20
low | high
Med:
134.000000
14.925373134328% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:35:13 AM PDT