3845 Chamoune Ave, San Diego, CA 92105

About this commercial property

We are pleased to offer for sale 3845 Chamoune Avenue, a 22 unit apartment complex located in the heart of City Heights. The property consists of 22 legal units: 20 (1br/1ba) apartments, 1 (2br/2ba) apartment and 1 (3br/1ba) apartment. Over the recent past, Ownership has performed many capital improvements which include, but are not limited to, new exterior stucco/paint, new windows (select units), roof work, full interior remodel of 17 units, etc. The property is located in the center of San Diego County and is extremely convenient to all San Diego has to offer both on foot and via car/public transportation. Other amenities include ample off street parking and laundry facilities (leased). This is a rare opportunity in a HOT market to purchase a building and obtain a new first trust deed with close to 35% down and still cash flow well...There is also room to push rents throughout. Please call LA for additional information and/or questions/inquiries... Amenities: None

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

Sale history

$5,150,000

Sold March 2022 · on market November 2021 · MLS #210030993 · Source: CRMLS

Listing Agent: Josh Browar · Listing Office: The Browar Group · Contact: 858-414-4398 · Bought with: Josh Browar · The Browar Group

$2,420,000

Sold September 2015 · listed $2,600,000, on market June 2015 · MLS #150029638 · Source: CRMLS

Listing Agent: Krystle Moore · Listing Office: Pacific Shore Capital · Contact: 619-220-0333 · Bought with: Jack Nooren · San Diego Commercial R.E.

$1,786,000

Sold May 2013 · listed $1,785,100, on market February 2013 · MLS #130008808 · Source: CRMLS

Listing Agent: Timothy Foley · Listing Office: Tim Foley Real Estate · Contact: 619-300-2844 · Bought with: Timothy Foley · Tim Foley Real Estate

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