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1505 Fern St
San Diego, CA 92102 South Park

$3,595,000 USD

Apartments For Sale  •  2,757 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,757 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1912
  • Zoning RM-1-1
50 Transit Score
70 Walk Score

Highlights

Premier South Park Location | High-Barrier-to-Entry Urban Neighborhood
5 Total Units; Three Mid to Long-Term Rentals & Two Vacation Rental Units
6% Cap Rate! T12 Revenue of $296,225 and 2025 Revenue Was $295,558
Historic South Park Reovation To The Studs & New Construction ADUs
Extremely Desirable Mix of Enormous 3-Bed, 2-Bed, 1-Bed, & Studio Units
Transferable Mills Act $7,133 Property Taxes; Flexible Furnished Rental Strategy

Amenities

  • Dishwasher
  • Fireplace
  • Washer/Dryer
  • Hardwood Floors
  • Attic
  • Breakfast Nook
  • Double Pane Windows

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 6 min - 3.0 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 9 min - 5.7 mi
AirportDriveWalkDistance
San Diego International 10 min - 5.1 mi
Conor Brennan 720-841-8139 CBRE
Conor Brennan 720-841-8139 CBRE