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3852 1st Avenue, San Diego, CA 92103

Commercial property · 2 recorded sales since 2013

3852 1st Avenue, San Diego, CA 92103 Sold August 2014 CRMLS
$1,080,000Sold August 2014

Listing Agent: Don Swanson (DRE #01271617) · Listing Office: Don Swanson, Real Estate · Contact: 619-857-8585 · Bought with: Alan Cassell · Coldwell Banker West · MLS #140022262 · Source: CRMLS

5
Units
5.20%
Cap Rate
$56,914
NOI
6,499 sqft
Lot Size
Commercial property
Type

About this commercial property

Property is perfect for new owner to close and raise rents by 700/mo. and instantly add 8400 to the NOI. Reduced July 8th!! Seller says sell it!!! ***Best Cap Rate in Hillcrest!!!*** . Beautiful condition!!!! Like free living? Live in one for free!!!Charming, fully remodeled 5 unit complex in the heart of Hillcrest!! Most units feature hardwood floors, upgraded kitchens and baths. New roofs, new electrical panel, new paint inside and out. Also, 3 garages + one spot, coin laundry, common courtyard, fenced front and side yards with fruit trees. Exterior: ,,

Listing description from the August 2014 sale, as reported to CRMLS.

Sale history

$1,080,000
Sold August 2014 · listed $1,099,000, on market April 2014 · MLS #140022262 · Source: CRMLS
Listing Agent: Don Swanson · Listing Office: Don Swanson, Real Estate · Contact: 619-857-8585 · Bought with: Alan Cassell · Coldwell Banker West
$696,460
Sold August 2013 · listed $700,000, on market May 2013 · MLS #130027196 · Source: CRMLS
Listing Agent: Russell Elrod · Listing Office: Berkshire Hathaway HomeService · Contact: 619-299-8020 · Bought with: Out of Area Agent · Out of Area Office
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