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1479 J Street, San Diego, CA 92101

Commercial property · 2 recorded sales since 2016

1479 J Street, San Diego, CA 92101 Sold January 2022 CRMLS
$4,250,000Sold January 2022

Listing Agent: Eric Comer (DRE #00842230) · Listing Office: Eric D. Comer, Broker · Contact: 858-509-1200 · Bought with: Eric Comer · Eric D. Comer, Broker · MLS #210020516 · Source: CRMLS

16
Units
4.30%
Cap Rate
$184,803
NOI
4,552 sqft
Lot Size
CCPD-NC
Zoning
Commercial property
Type

About this commercial property

REDUCED PRICE! Continuously renovated and upgraded since 2012, Isaac Lyon provides an investor the opportunity to purchase a “turn key” apartment building in an irreplaceable downtown location. There are several new multifamily projects within a three-block radius that have recently been completed or are under construction. These new projects have dramatically improved the immediate neighborhood and are attract high quality tenants. The property is comprised of 16 one-bedroom and studio units in two buildings located on a 4,552 square foot lot with 1 parking space. Isaac Lyon boasts an exceptional and convenient location, providing accessibility to the exciting 24-hour live-work-play environment in Downtown San Diego. The location is convenient to the Trolley, I-5, SR-163 and 94-freeway.

Listing description from the January 2022 sale, as reported to CRMLS.

Sale history

$4,250,000
Sold January 2022 · listed $4,295,000, orig. $4,530,000, on market July 2021 · MLS #210020516 · Source: CRMLS
Listing Agent: Eric Comer · Listing Office: Eric D. Comer, Broker · Contact: 858-509-1200 · Bought with: Eric Comer · Eric D. Comer, Broker
$2,500,000
Sold March 2016 · listed $2,800,000, on market August 2015 · MLS #150046773 · Source: CRMLS
Listing Agent: Eric Comer · Listing Office: CB Richard Ellis · Contact: 858-646-4772 · Bought with: Eric Comer · CB Richard Ellis
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