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3609 30th, San Diego, CA 92104

Commercial property · 2 recorded sales since 2016

3609 30th, San Diego, CA 92104 Sold January 2019 CRMLS
$1,640,000Sold January 2019

Listing Agent: Mark Morgan (DRE #01339919) · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Keith Courtney · Apartment Consultants, Inc. · MLS #180010378 · Source: CRMLS

5
Units
3.40%
Cap Rate
$57,946
NOI
4,917 sqft
Lot Size
Commercial property
Type

About this commercial property

UPDATE - $959,000 assumable loan at 4.2% for 4 more years!!!! With beautiful $100,000 interior and exterior renovation upgrades recently completed, this 5 unit complex in the North Park neighborhood of San Diego located at 3609 30th Street presents an attractive opportunity for the most discerning investor. Location Location Location…. this turn key 5 unit complex is located in the heart of hip and happening North Park. Consisting of one 3Bedroom/1Bath unit, one 2Bedroom/1Bath cottage and three 1Bedroom/1Bath units 3609 30th Street. offers a very desirable unit mix. The building has 3 open parking spaces and a two-car garage. Tenants enjoy an on-site laundry room equipped with two washers and two dryers. Immediate rental upside is available for the new owner. Recent property improvements to the tune of over $100,000 include: New dual pane windows, refinished hardwood floors, new contemporary kitchen cabinets, new Stainless Steel appliance packages complete with gas/range ovens - microwaves - refrigerators- and dishwashers, new granite kitchen countertops, and new contemporary lighting fixtures. The bathrooms have been fitted with new designer tiled showers, tubs, shower fixtures, contemporary vanities, new faucets, new light fixtures, new mirrors, and new toilets. There is no shortage of tenants waiting to live just 3 blocks from the epicenter of North Park. With countless breweries, pubs, restaurants, shops, and services within walking distance this property has scored an incredible 95 on Walkscore.com. A perfect property for those investors who find themselves in a 1031 Exchange, 3609 30th Street will be a very low maintenance property for years to come. Well located just 3 blocks south of University Ave. and the iconic North Park sign. , in the exclusive area of North Park, the residents of 3609 30th Street enjoy the walkability to eateries, bars, shops, services, and public transportation access. Residents can walk 3 blocks in either directi...

Listing description from the January 2019 sale, as reported to CRMLS.

Sale history

$1,640,000
Sold January 2019 · listed $1,699,000, on market February 2018 · MLS #180010378 · Source: CRMLS
Listing Agent: Mark Morgan · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Keith Courtney · Apartment Consultants, Inc.
$1,472,500
Sold September 2016 · listed $1,495,000, on market June 2016 · MLS #160029746 · Source: CRMLS
Listing Agent: Tayyar Egilmez · Listing Office: Tayyar C. Egilmez · Contact: 619-246-6832 · Bought with: Yvonne Oberle · Willis Allen Real Estate
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