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$ 4,190,000
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$ 4,190,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250027339SD
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
6.13% Cap Rate | Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring, quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements.
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Fireplace No
Others
Tax ID 4713223600
Listed by Jordan Concepcion • Apartment Realty Group (ARG)
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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