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3738 Van Dyke Avenue, San Diego, CA 92105

Commercial property · 4 recorded sales since 2012

3738 Van Dyke Avenue, San Diego, CA 92105 Sold October 2021 CRMLS
$2,705,000Sold October 2021

Listing Agent: Corey McHenry (DRE #01800485) · Listing Office: Colliers International · Contact: 858-455-1515 · Bought with: Outside Agent · Multi-Regional MLS · MLS #210010560 · Source: CRMLS

11
Units
4.54%
Cap Rate
$124,758
NOI
Commercial property
Type

About this commercial property

Pleased to present 3738-40 Van Dyke Ave, San Diego, CA. The property is well located in the urban core of the San Diego submarket of City Heights, Close distance to City Heights Retail Village – a 100,000 SF shopping center owned by KIMCO Realty. The immediate area boasts mostly single family homes and apartment properties, and is walking distance to the City Heights Urban Village, which includes restaurants, museums, parks, the Farmer’s Market, recreation center, the Library and more. The property has a balanced unit mix of 6 – 2BR/1BA & 5 – 1BR/1BA and also includes abundant garages spaces (3 – Doubles & 2 – Singles), in addition to dedicated off-street parking. There have been interior & exterior improvements made to the property and there is Immediate upside potential in the rents. 2.98% in-place Freddie Mac loan must be assumed.

Listing description from the October 2021 sale, as reported to CRMLS.

Sale history

$2,705,000
Sold October 2021 · listed $2,750,000, on market April 2021 · MLS #210010560 · Source: CRMLS
Listing Agent: Corey McHenry · Listing Office: Colliers International · Contact: 858-455-1515 · Bought with: Outside Agent · Multi-Regional MLS
$2,010,000
Sold June 2020 · listed $2,495,000, on market May 2020 · MLS #200020803 · Source: CRMLS
Listing Agent: Corey McHenry · Listing Office: Colliers International · Contact: 858-455-1515 · Bought with: Corey McHenry · Colliers International
$2,250,000
Sold July 2019 · listed $2,310,000, on market January 2019 · MLS #190004176 · Source: CRMLS
Listing Agent: Lera Blevins · Listing Office: Single Oak Realty · Contact: 619-235-6180 · Bought with: OUT OF AREA · OUT OF AREA
$825,000
Sold August 2012 · listed $955,000, on market September 2011 · MLS #110050549 · Source: CRMLS
Listing Agent: Michael Glickstein · Listing Office: Michael Glickstein · Contact: 619-379-3337 · Bought with: Michael Glickstein · Michael Glickstein
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