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$ 10,500,000
Est. payment | /mo
0.46 Acres Lot
$ 10,500,000
Est. payment | /mo
0.46 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260006443SD
HOA Y/N No
Lot Size 0.459 Acres
Property Sub-Type Mixed Use
Property Description
First time on the market! Rare 21-unit, condo-quality investment in Mission Hills. Massive upside potential: current rents are ~ $1,000 below market per unit. 16 garages could be converted to additional units (subject to approvals), or the building can be fully renovated and repositioned for market rents. Tenants enjoy gated access, 15 open parking spaces, 16 garages, central AC/heat, private balconies/patios, 20 working fireplaces, elevator access, on-site laundry, and four community BBQ decks. Prime location at the end of Goldfinch Street in the heart of Mission Hills—strong rental demand, excellent long-term appreciation, and an immediate opportunity for a value-add investor to maximize income.
Location
State CA
County San Diego
Area 92103 - Mission Hills
Zoning RM-3-7
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Type Composition,Tile
Total Parking Spaces 31
Others
Tax ID 4444111400
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/260006443
Listed by Mark Morgan South Coast Commercial, Inc. #01339919
NEARBY SCHOOL & BUSINESS
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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