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4254 Highland Ave
San Diego, CA 92115 Teralta East

$2,100,000 USD

Apartments For Sale  •  5,694 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,694 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1971
  • Zoning MR10B
50 Transit Score
70 Walk Score

Highlights

Desirable San Diego Location: Positioned in the College Grove/Talmadge area with high walkability to schools, retail, and transit.
Recent Capital Expenditures: The building features a newer roof, a brand-new 100-gallon water heater, and various interior unit improvements.
Solid Financials: The property is offered at a 5.10% current capitalization rate and generates a current Net Operating Income of $106,092.50.
Value-Add Upside: Opportunity to achieve a 5.30% pro-forma capitalization rate and a pro-forma Net Operating Income of $121,569.71.
Convenient On-Site Amenities: The property offers 9 dedicated parking spaces and a coin-operated laundry facility for tenant convenience.
Excellent Connectivity: Close proximity to the I-15 and I-8 freeways provides seamless access throughout the region.

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 12 min - 6.9 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 13 min - 7.5 mi
AirportDriveWalkDistance
San Diego International 13 min - 6.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Michael Glickstein 619-379-3337 Pacific Coast Commercial
Michael Glickstein 619-379-3337 Pacific Coast Commercial