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1855 Bayview Heights Drive, San Diego, CA 92105

Commercial property · 2 recorded sales since 2017

1855 Bayview Heights Drive, San Diego, CA 92105 Sold February 2019 CRMLS
$2,800,000Sold February 2019

Listing Agent: Jose Magadan (DRE #01876187) · Listing Office: Berkshire Hathaway HomeService · Contact: 619-946-1900 · Bought with: Out of Area Agent · Out of Area Office · MLS #190000202 · Source: CRMLS

14
Units
4.81%
Cap Rate
23,522 sqft
Lot Size
R-4
Zoning
Commercial property
Type

About this commercial property

1855 Bayview Heights Drive is a fourteen (14) unit multi-family dwelling located in the Oak Park neighborhood of City Heights in San Diego, California. Built in 1977, the property consists of eight (8) two-bedroom/one-bath units and six (6) one-bedroom/one-bath units totaling a massive 11,040 rentable square feet. The two-story building sits on a half-acre lot and is comprised of a wood-frame, stucco exterior on a concrete slab foundation featuring a flat roof. The property features seventeen (17) on-site parking spaces (1.21:1 ratio), a modern laundry facility, and plenty of off-street parking. An investor will benefit from an extensive list of recent renovations. The exterior boasts new painting, windows, handrails, a state-of-the-art laundry room with coin-operated machines, and a resurfaced parking lot. The units’ interiors have all be redone with new paint and laminate flooring throughout; carpeting in the bedrooms, new closet doors and blinds. The kitchens and bathrooms have also been upgraded. Exterior: ,

Listing description from the February 2019 sale, as reported to CRMLS.

Sale history

$2,800,000
Sold February 2019 · on market January 2019 · MLS #190000202 · Source: CRMLS
Listing Agent: Jose Magadan · Listing Office: Berkshire Hathaway HomeService · Contact: 619-946-1900 · Bought with: Out of Area Agent · Out of Area Office
$1,750,000
Sold February 2017 · listed $1,675,000, on market December 2016 · MLS #170000570 · Source: CRMLS
Listing Agent: John Ronis · Listing Office: Berkshire Hathaway HomeService · Contact: 619-946-1900 · Bought with: John Ronis · Berkshire Hathaway HomeService
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