3868 National Avenue, San Diego, CA 92113

About this commercial property

LOCATED IN OPPORTUNITY ZONE AND COMPLETE COMMUNITIES PLAN. 3868-78 National Avenue consists of 6 cottages totaling 4,144 square feet built in 1925 on a large 14,231 square foot lot. The unit mix consists of one 3 bed / 1 bath, two 2 bed / 1 bath, and three 1 bed / 1 bath units. There is plenty of parking and a double garage. Each unit has a mud room with laundry hook ups and a backyard. Most of the units’ interiors have been remodeled. There are two water meters for the property, 6 water heaters, and 2 roofs have been replaced recently. The landscaping features lemon, apple, avocado, and kumquat trees. In addition to the recent rent increases, there is additional upside in rents.

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

Sale history

$1,630,000

Sold September 2022 · listed $1,695,000, on market May 2022 · MLS #220012036SD · Source: CRMLS

Listing Agent: Benn Vogelsang · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Cyrus Rapinan · Cyrus & Emilia Inc.

$1,010,000

Sold April 2017 · listed $1,000,000, on market December 2016 · MLS #160065500 · Source: CRMLS

Listing Agent: Thomas McCartin · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Thomas McCartin · Marcus & Millichap

$770,000

Sold January 2015 · listed $699,900, on market August 2014 · MLS #140047116 · Source: CRMLS

Listing Agent: Rachell Lara · Listing Office: Keller Williams Realty · Contact: 619-469-0700 · Bought with: Mary Bahl · Keller Williams Realty

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