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2605 Highland Ave

San Diego, CA 92105

$2,050,000

Apartments For Sale  •  6,476 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 6,476 Sq Ft
  • Lot Size 0.16 ac
  • Building Class C
  • Year Built 1973
  • Cap Rate 4.92 %
  • Zoning RM-1-1
35 Transit Score
33 Walk Score

Description

Property consists of 7, 1 bedroom 1 bath units and 3, 2 bedroom 1 and a half bathrooms. Units. The building is two stories with 5 units on top and 5 units on the bottom. 50% of the Windows have been replaced to newer, dual-pane glass windows. There are 13 parking spaces onsite at the front and rear of the building. The roof was replaced in mid- 2016 and there have been numerous unit upgrades added within the past 12-24 months.

Highlights

On-site laundry.
New Roof
Ample on-site parking.
Rehabbed units.
Peaceful street situated by canyon.

Financial Summary

Cap Rate: 4.92 %

Amenities

  • Air Conditioning
  • Disposal
  • Laundry Facilities
  • Ceiling Fans

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) Commuter Rail (Coaster) 11 min - 6.4 mi
Old Town Transit Center Commuter Rail (Coaster) 12 min - 9.0 mi
AirportDriveWalkDistance
San Diego International Airport 13 min - 7.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: SurfaceTandem
Included in Rent: Yes
Aziz Zakkout 858-373-3210 Marcus & Millichap
Aziz Zakkout 858-373-3210 Marcus & Millichap