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3205-3211 Madison Ave
San Diego, CA 92116 Normal Heights

$2,700,000 USD

Apartments For Sale • 7,164 SF

Property Details

Property Type Apartments
Total Building Size 7,164 SF
Lot Size 0.14 AC
Building Class C
Year Built 1943
Cap Rate 4.20 %
Zoning R3

47 Transit Score

92 Walk Score

                
                    Highlights
                
                                Convenient access to the 805, 8, and 15 freeways,
                            
                                8 off-street parking spaces
                            
                                Upward potential in rent and opportunity for increased cash flow through RUBS.

Property Flyers

3205-11 Madison Avenue San Diego, CA 92116 - Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $116,626 USD (2024)

Cap Rate:	4.20 %
Total Expenses:	$40,450 USD

Amenities

Heating
Gas Range
Smoke Free
Kitchen
Hardwood Floors
Refrigerator
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	10 min	-	5.7 mi
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	10 min	-	5.9 mi
Airport	Drive	Walk	Distance
San Diego International	12 min	-	5.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Peter Giacalone 619-993-0469 ENG & Willin Properties

3205-3211 Madison Ave San Diego, CA 92116 Normal Heights