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3018 44th Street, San Diego, CA 92105

Commercial property · 2 recorded sales since 2012

3018 44th Street, San Diego, CA 92105 Sold October 2012 CRMLS
$745,000Sold October 2012

Listing Agent: Robert Nourani (DRE #01350632) · Listing Office: Realty Source, Inc. · Contact: 619-258-1000 · Bought with: JoAnna Terry · American Real Estate Group · MLS #120034033 · Source: CRMLS

8
Units
7.24%
Cap Rate
9,374 sqft
Lot Size
Commercial property
Type

About this commercial property

Well kept & improved 8 unit complex located on a quite cul-de-sac next to canyon facing South with lots of natural lighting. 9 separate gas & electric meters. Tenants pay own gas & electric. 9 private off-road parking spots. Laundry room. We are in the process of telling tenants that they will be paying for the water bill which the owner pays now. This complex is conveniently located in central San Diego & has very easy access to the FWY 8, 15, 805 & 94. Since this location is on such a quiet cul-de-sac, there are long term property owners and tenants that live on the street. This stable complex & street is a very low risk investment that is a good money maker. The seller recently improved the complex & is continuing to make improvements. Tenants pay the rent by direct deposit. Near school, bus stop, market, community facilities, freeways, police station, etc. All 8 one bedroom units have the same floor plan with floor to ceiling closets including 1 full bath with bathtub. Some of the units have been upgraded. Exterior: ,,

Listing description from the October 2012 sale, as reported to CRMLS.

Sale history

$745,000
Sold October 2012 · listed $775,000, on market July 2012 · MLS #120034033 · Source: CRMLS
Listing Agent: Robert Nourani · Listing Office: Realty Source, Inc. · Contact: 619-258-1000 · Bought with: JoAnna Terry · American Real Estate Group
$651,000
Sold June 2012 · listed $675,000, on market December 2011 · MLS #110067064 · Source: CRMLS
Listing Agent: Sandra Hardcastle-Taylor · Listing Office: Coldwell Banker Res. Brokerage · Contact: 858-755-0075 · Bought with: Robert Nourani · Realty Source, Inc.
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