Commercial property · 2 recorded sales since 2012
Listing Agent: Benn Vogelsang (DRE #01883437) · Listing Office: NorthMarq Multifamily · Contact: 858-675-7865 · Bought with: Robert Weinberger · RJW Properties, Inc. · MLS #220027990SD · Source: CRMLS
175 E Street sold for $5,935,000 in February 2023, 1.1% under its $6,000,000 list price, after 24 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
175 E Street consists of 25 units housed in one 11,472 square foot structure built in 1962 with wood and stucco construction situated on one 31,798 sq ft parcel. The property features over 30 parking spaces, a pool, and laundry facilities with leased equipment. Twenty-four units are approximately 450 square foot 1 Bedroom / 1 Bathroom units and there is one 2 Bedroom / 1.5 Bathroom unit. Many of the units have been remodeled. There is over 25% upside in rents. This property is located blocks from the new Bayfront Development project.
Listing description from the February 2023 sale, as reported to CRMLS.