Price Upon Req.7,100 SF
PROPERTY TOURSProperty tours will be by appointment only. Please contact listing broker for scheduling. MARKETING DESCRIPTIONAuction.com and Joe Carta Realty are pleased to present the opportunity to acquire Fanuel Villas, a 7,100 SF multi-family building located in San Diego, California. The subject is a 16-unit, class C multi-family property located in the Pacific Beach multi-family submarket of San Diego, CA. It is comprised of 15 studios and 1 - 1bd/1bth unit. The property is located along Fanuel Street in a dense infill area comprised of a mix of retail, multi-family, and residential product. The subject was constructed in 1945 and features a single story garden style construction. The property is currently 100% occupied with new 1-year lease rates in place at $1,195/month.
Auburn Apartments is a 45 unit apartment building with an excellent mix of 44 two-bedroom, 1 bath units and 1 three-bedroom, one-bath unit. The property features many recent improvements including exterior paint, low-maintenance landscaping and approximately 75% of units renovated. Rents will be increased on the majority of units by 9/1/15 between $1,125 and $1,275. Auburn Apartments presents a solid investment opportunity at cap rate of 5.7% with rent increases in place and as high as 6.19% at market.
***PRICE JUST REDUCED*** Cornerstone Investment Group of KW Commercial is proud to present a seventeen (17) unit apartment building on 2437-2509 Highland Avenue in National City, California. The property consists of fourteen (14) 1BR/1BT units, two (2) 2BR/1BT, and one (1) 4BR/2BT house which was recently renovated (flooring, paint, electrical, etc) w/ 2 Car Garage. There are a total six (6) buildings with pitched roofs and sit on a raised foundation that sit on two parcels. The property will allow an investor to purchase a property in a location with one of the lowest vacancy rates in the county. The recently renovated house can be valued up to $400k for a recent home in the area and increases the housing stock tremendously. This leaves the price per unit for the additional 16 units at just over $107k per unit.
Marcus & Millichap is pleased to present 3728-3738 Herman Avenue, a market rate rental community that presents investors with a desirable opportunity to acquire a multifamily asset primed for short-term growth and long-term appreciation. The property' s solid intrinsic value, combined with the strong rental submarket, make it an attractive investment opportunity. Constructed in 1980, 3728-3738 Herman Avenue is a 14-unit multifamily community located in San Diego, CA situated on 0.28 acres. The property consists of Six, one edroom/one-bath units, four, two-bedroom/one-bath units, and 4, two-bedroom/two-bath unit. 3728-3738 Herman Avenue offers an outstanding opportunity to acquire a stable asset in a well located area of San Diego.
ACI is please to present a new listing - 5 unit single story apartment building in Escondido. Built in 1971 all units are 2 bedroom, 1 bath at approximately 960 SQFT each. Building includes a laundry room as well as 5, two car garages. Property is an opportunity for an investor to purchase a solid investment in a strong rental location. Rents are under market so there is an add value opportunity for a new buyer. Owner is looking to cash out.
2 Bedroom / 2 bathroom property. Property has been up-graded and have a very large family/kitchen. There are extra on the property that add value. Jacuzzi Bath and up-graded bedroom.
Purchase Price: $975,000 Building Size: ±5,694 SF Lot Size: ±6,251 SF APN: 471-241-19-00 Rental Upside Newer Roof & Recent Interior Renovations Charming Gated Courtyard Leased Laundry Ample On-Site Parking Individually Metered Units Unit Mix: -1 - 2 Br/2 Ba -2 - 2 Br/1 Ba -5 - 1 Br/1 Ba
Now available, this 4 unit property features a 3br/2ba unit and (3) 2br/1ba units with a private shared courtyard. 3 out of 4 units have been remodeled with new kitchen cabinets, new appliances, remodeled bathrooms and new carpet. 4th unit is currently being remodeled. Good opportunity for an owner user or investor. Centrally located close to College Grove Shopping Center and easy access to nearby freeways and transportation.
ACRE is proud to present 510 & 514 N. Clementine Street, a six (6) unit and five (5) unit offering located in the high demand rental market of Oceanside, California. Built in 1972, 510 N. Clementine Street is comprised of six (6) recently upgraded large 1bed/1bath units (approximately 708 sq ft). Amenities include five (5) garages, mature tropical landscaping, patios, secure gated entry, on-site laundry and individual meters. Recent capital improvements include new vinyl windows throughout, custom wood railings, custom front doors, upgraded flooring, tubs & showers and upstairs decks. Built in 1979, 514 N. Clementine Street is comprised of five (5) recently upgraded large 1bed/1bath units (approximately 808 sq ft). Amenities include five (5) garages, mature tropical landscaping, patios, on-site laundry and individual meters. Recent capital improvements include a new roof, new vinyl windows throughout, custom wood railings, custom front doors, upgraded flooring, tubs & showers and upstairs decks.
3551 and 3555 Front Street includes a professional office building with nine suites as well as a 1 br house. On site parking for up to 13 cars, with wide alley access. Lush rear and side gardens. House renting for $2,145 per month and has a lease. The zoning MR-1000 allows for development of residential units for up to one unit per 1,000 square feet of property. With two parcels, the potential could accommodate up to 12 residential units. Pride of ownership property in Hillcrest. Victorian appeal; The Moore House exemplifies Queen Anne style architecture. Its exterior is adorned with Eastlake style ornamentation. Charming interiors with kitchen and basement, which is one of the suites. Rear entry with enclosed porch. Spacious open enjoyment of space. South west exposure on the high side of Front Street.