$7,199,000

4388 Delta Street

San Diego CA, 92113

Description

Cash Flowing and Newer Construction. Large 31 unit (**3 of 31 units are not permitted**) apartment building located in San Diego. Seller is in process of adding additional legal unit (29 legal, 3 non-permitted) that will be a 3br/2bt. The subject property is built in 1990 and situated on a large 0.78 acre lot and is comprised of 16 2/1, 12 3/1, 2 1/1 and 1 studio apartment totaling approximately 23,930 square feet. In addition, there is on-site laundry facilities, undertuck parking spaces, and a dedicated office for on-site manager. The Delta Street Apartments are an opportunity for an owner to obtain a property with an excellent unit mix that cash flows strongly. In addition, this property sits in a historically low vacancy area that is close to major freeways, transportation, employment, and is minutes from Downtown San Diego.

Details

MLS#200050524
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusPending
Days On Site167

Features

Units31

Market Activity 92113

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Area Information
StateCA
CountySan Diego
CitySan Diego
Zip Code92113
Area92113 - Logan Heights
Listing VS Median (in 92113)
Price:
$7,199,000
low | high
Med:
$649,900
100% of Average
On Site:
167
low | high
Med:
22
100% of Average
Sourced by Back At You
Listing Updated: August 20, 2020 4:39:03 PM PDT
Jordan Concepcion LogoMLS Number: 200050524
Listing Provided By:
Jordan Concepcion  of  Keller Williams Carmel Valley
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