2741 Hornblend Street

San Diego, CA 92109

About this property

Please contact the listing agent for the Offering Memorandum. Adelle Mar Apartments is a prime multifamily investment opportunity located in the highly desirable coastal community of Pacific Beach, San Diego. This well-maintained asset features an at tractive unit mix comprising two studios, seven one-bedroom/ one-bath units, and one two-bedroom/one-bath unit. The property has benefited from recent capital improvements and major building system upgrades, with select units receiving moderate interior renovations. For investors seeking value-add potential, there is significant upside through a comprehensive renovation program that could substantially increase rental income. Strategically located west of Interstate 5 and within walking distance to Mission Bay and Mission Bay Parka 4,600-acre aquatic recreation areaAdelle Mar Apartments offers residents easy access to scenic beaches, outdoor activities, and an array of popular local restaurants, retail, and entertainment options. The neighborhood maintains a quiet, beach-town atmosphere with plentiful street parking. DO NOT WALK THE PROPERTY WITHOUT THE LISTING BROKER PRESENT. TENANTS ARE NOT AWARE OF THE BUILDING SALE. PLEASE DO NOT APPROACH OR DISTURB ANY OF THE TENANTS.

About this property

Please contact the listing agent for the Offering Memorandum. Adelle Mar Apartments is a prime multifamily investment opportunity located in the highly desirable coastal community of Pacific Beach, San Diego. This well-maintained asset features an at tractive unit mix comprising two studios, seven one-bedroom/ one-bath units, and one two-bedroom/one-bath unit. The property has benefited from recent capital improvements and major building system upgrades, with select units receiving moderate interior renovations. For investors seeking value-add potential, there is significant upside through a comprehensive renovation program that could substantially increase rental income. Strategically located west of Interstate 5 and within walking distance to Mission Bay and Mission Bay Parka 4,600-acre aquatic recreation areaAdelle Mar Apartments offers residents easy access to scenic beaches, outdoor activities, and an array of popular local restaurants, retail, and entertainment options. The neighborhood maintains a quiet, beach-town atmosphere with plentiful street parking. DO NOT WALK THE PROPERTY WITHOUT THE LISTING BROKER PRESENT. TENANTS ARE NOT AWARE OF THE BUILDING SALE. PLEASE DO NOT APPROACH OR DISTURB ANY OF THE TENANTS.

Features and Additional Information

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$3,700,000 Active
0 SqFt

Presented By Ann Marie Hammond

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Get in touch today! Phone: 1-760-403-5219
License #01161667
Brokerage
Eric D. Comer, Broker
1-858-509-1200
Listed By Eric Comer
Brokerage: Eric D. Comer, Broker

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