3137 National Avenue, San Diego, CA 92113

About this commercial property

6% Cap Rate @ Market Rents! 3137 National Avenue consists of 10 units totaling 4,840 square feet built in 1923 on a large 7,000 square foot lot. The unit mix consists of one 2 bed / 1 bath, three 1 bed / 1 bath, and six studio units. There are approximately 12 parking spaces in the rear. Most of the units have had some level of remodeling and there exists additional upside in the current rents. The property is located in an Opportunity Zone. Barrio Logan is a neighborhood in San Diego, California bordered by East Village and Logan Heights to the North, Shelltown and Southcrest to the East, San Diego Bay to the West, and National City to the South. I-5 forms the Northeastern boundary.

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

Sale history

$2,000,000

Sold August 2022 · orig. $2,200,000, on market April 2022 · MLS #220009901SD · Source: CRMLS

Listing Agent: Benn Vogelsang · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Benn Vogelsang · South Coast Commercial, Inc.

$836,000

Sold August 2015 · listed $1,100,000, on market March 2015 · MLS #150016164 · Source: CRMLS

Listing Agent: Ruben Miller · Listing Office: Executive Realty Group · Contact: 619-565-2450 · Bought with: Ruben Miller · Executive Realty Group

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