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3185 Madison Ave, San Diego, CA 92116

Commercial property · 3 recorded sales since 2014

3185 Madison Ave, San Diego, CA 92116 Sold February 2023 CRMLS
$3,800,000Sold February 2023

Listing Agent: Jeff Diller (DRE #01959483) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Joseph Siemienowski · Siemienowski & Associates · MLS #220020094SD · Source: CRMLS

16
Units
4.20%
Cap Rate
5,700 sqft
Lot Size
Commercial property
Type

About this commercial property

3185 Madison Avenue is a two story, single structure apartment building, consisting of 16 studio units - totaling 4800 livable Square feet. Most units have been upgraded and each studio has a true full size separate kitchen from the main living area ( NOT a kitchenette) - with counter space, a 4 burner range, and full-sized fridge for tenants to enjoy. Tenants here also enjoy the extremely convenient one block walk to Adams Ave which hosts some of the best food and retail Normal Heights has to offer.

Listing description from the February 2023 sale, as reported to CRMLS.

Sale history

$3,800,000
Sold February 2023 · listed $3,999,999, orig. $4,250,000, on market August 2022 · MLS #220020094SD · Source: CRMLS
Listing Agent: Jeff Diller · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Joseph Siemienowski · Siemienowski & Associates
$2,047,500
Sold August 2016 · listed $2,175,000, on market September 2015 · MLS #150051584 · Source: CRMLS
Listing Agent: Joe Ramos · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Jim Petropoulos · Golden Bay Realty
$1,610,000
Sold April 2014 · listed $1,690,000, on market December 2013 · MLS #130065291 · Source: CRMLS
Listing Agent: Brian Barnard · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Aaron Bove · Marcus & Millichap
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