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    Address Not Available By Request

    San Diego, CA 92110
    • $4,875,000
    • STATUS: Active
    • ON SITE: 232 days
    • ID#: PTP2000174
    UPDATED: 42 min ago
    $4,875,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,000
      SQFT
    • $488
      $/SQFT
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Prime San Diego location for development of residential units. On San Diego Ave. in Old Town, directly off the Interstate 5. Existing Office Building with multiple short term tenants. Potential to build 40 affordable residential units or a limited number of luxury condominium units. Views to the south and west of the waterfront, downtown San Diego skyline, Mission Bay to the north and myriad neighborhoods all around. Financials are estimated.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T14:32:56.633. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
    www.searchsocalrealestate.com/homes/110421972
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    Address Not Available By Request San Diego, CA 92110

    • Price: $4,875,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: PTP2000174
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,000
    SQFT
    $488
    $/SQFT
    Neighborhood:
    92101 - San Diego Downtown
    County:
    San Diego
    Area:
    92101 - San Diego Downtown
    Property Description
    Prime San Diego location for development of residential units. On San Diego Ave. in Old Town, directly off the Interstate 5. Existing Office Building with multiple short term tenants. Potential to build 40 affordable residential units or a limited number of luxury condominium units. Views to the south and west of the waterfront, downtown San Diego skyline, Mission Bay to the north and myriad neighborhoods all around. Financials are estimated.
    Exterior Features

    Entry Level 1 Lot Features Over 40 Units/AcreNear Public TransitPaved Sign On Property YN Yes

    Property Features

    Cap Rate 4.2 Gross Scheduled Income 240000 Insurance Expense 5000 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 205000 Operating Expense 35000 Property Sub Type Office Special Listing Conditions Standard Tax Year 2019 Trash Expense 4500 Water Source Public Zoning Cc-3-4

    Listing provided courtesy of Mike Habib of Coldwell Banker Realty and Alina Tan of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T14:32:56.633. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
     
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    Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
    1063 W Sixth Street
    Ontario CA, 91762