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2308 Albatross St, San Diego, CA 92101

Commercial property · 2 recorded sales since 2019

2308 Albatross St, San Diego, CA 92101 Sold September 2021 CRMLS
$6,865,000Sold September 2021

Listing Agent: Cody Evans (DRE #01399935) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: OUT OF AREA · OUT OF AREA · MLS #210014929 · Source: CRMLS

9
Units
3.90%
Cap Rate
9,476 sqft
Lot Size
Commercial property
Type

About this commercial property

The Tiffany Apartments is a 9 unit building located in the core San Diego submarket of Bankers Hill. This high demand rental market is a walkers paradise with convenient access to shops, restaurants cafes, and parks. It boats a 88 Walkscore. Originally built in 1979 and consisting of a structure on a 9,476 sq ft lot. The property consists of all 2 Bedroom/ 2 Bath that are, on average, 1,134 sq ft each. The complex recently went through an extensive rehab in 2020. Every unit has spectacular views of Downtown, Coronado, San Diego Harbor, Airport, Point Loma and Pacific Ocean as well. There is ample off street secured parking spaces, 16 in total, which is incredibly rare for the area. These include open, carport, and garage spaces. The building has a gated entrance, elevator access from parking to all floors, private storage, updated on-site laundry room and new equipment with smartphone technology. The Tiffany represents an opportunity for an investor to acquire an absolutely turn-key building in a highly sought after Bankers Hill location.

Listing description from the September 2021 sale, as reported to CRMLS.

Sale history

$6,865,000
Sold September 2021 · listed $6,950,000, on market June 2021 · MLS #210014929 · Source: CRMLS
Listing Agent: Cody Evans · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: OUT OF AREA · OUT OF AREA
$4,000,000
Sold July 2019 · listed $5,000,000, orig. $6,000,000, on market October 2018 · MLS #180057813 · Source: CRMLS
Listing Agent: Adrian Gonzalez-Pureco · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Cody Evans · South Coast Commercial, Inc.
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