3104 Meade, San Diego, CA 92116
Commercial property
Sold January 2024
Listing Agent: Robert Rodrigues (DRE #00810769) · Listing Office: Real Properties Group · Contact: 619-223-2244 · Bought with: Erik Anderson · NorthMarq Multifamily · MLS #230021794SD · Source: CRMLS
9
Units
3.06%
Cap Rate
$104,115
NOI
Commercial property
Type
About this commercial property
9 Units North Park/Normal Heights consisting of 6 (2br-2ba) & 1 (2br-1ba) and 2 (1br-1ba) apartments, with Fireplaces! 7 single car garages and off street parking available. Great location on the corner of Meade Ave & Illinois, just west of the 805 and a few blocks to 30th street and Adams avenue...and all the action. Value add opportunity, to raise rents & implement RUBS and potential to convert the 7 garages to ADU'S or studios for added cash flow.
Listing description from the January 2024 sale, as reported to CRMLS.
Sale history
$3,150,000
Sold January 2024 · listed $3,400,000, orig. $3,600,000, on market November 2023 · MLS #230021794SD · Source: CRMLS
Listing Agent: Robert Rodrigues · Listing Office: Real Properties Group · Contact: 619-223-2244 · Bought with: Erik Anderson · NorthMarq Multifamily