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3825 47th Street, San Diego, CA 92105

Commercial property · 2 recorded sales since 2017

3825 47th Street, San Diego, CA 92105 Sold June 2020 CRMLS
$1,075,000Sold June 2020

Listing Agent: Carson Trujillo (DRE #01974818) · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Aziz Zakkout · Marcus & Millichap · MLS #200008893 · Source: CRMLS

7
Units
4.72%
Cap Rate
$66,132
NOI
RM-1-1
Zoning
Commercial property
Type

About this commercial property

Pleased to present for sale a 7-unit value add property located in the neighborhood of City Heights. Constructed in 1980, this well-maintained property rests on an approximate 6081 SF lot. This property is comprised of 5 one-bedroom/one-bathroom units and 1 two-bedroom/one-bathroom unit as well as 1 two- bedroom/two-bathroom unit. Select units provide upgraded features such as new flooring and cabinetry. This building also provides amenities such as a secure gated entry, private balconies for select units, shared laundry and off-street parking. Off street parking includes 8 off street parking spaces with 2 single car garages. These units are also conveniently located right off University Avenue, providing direct access to a variety of entertainment. Sitting within the boundaries of the City Heights neighborhood, this building .35 Miles east of a 108,000sf City Heights Retail Village, a grocery anchored retail center. Being located right off University Avenue, this property provides direct access to entertainment, restaurants, bars, and cafes offered in the City Heights neighborhood.

Listing description from the June 2020 sale, as reported to CRMLS.

Sale history

$1,075,000
Sold June 2020 · listed $1,400,000, on market February 2020 · MLS #200008893 · Source: CRMLS
Listing Agent: Carson Trujillo · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Aziz Zakkout · Marcus & Millichap
$1,215,000
Sold March 2017 · listed $1,300,000, on market January 2017 · MLS #170003020 · Source: CRMLS
Listing Agent: Anthony Burman · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Anthony Burman · Apartment Consultants, Inc.
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