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3878 Conde Street, San Diego, CA 92110

Commercial property · 2 recorded sales since 2017

3878 Conde Street, San Diego, CA 92110 Sold July 2022 CRMLS
$1,860,000Sold July 2022

Listing Agent: Dylan Wright (DRE #01411216) · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: OUT OF AREA OUT OF AREA · OUT OF AREA · MLS #220006500SD · Source: CRMLS

5
Units
3.60%
Cap Rate
$68,477
NOI
8,469 sqft
Lot Size
Commercial property
Type

About this commercial property

The Old Town Apartment Homes offers an investor the opportunity to acquire a fully remodeled asset in a dynamic rental market of San Diego. This 5 unit property is located in the heart of Old Town San Diego and is comprised of four (4) 1-Bed/1-Bath units and a detached 2-Bed/1-Bath cottage. The property is located a few blocks from the heart of Old Town which offers shopping, dining, and entertainment. Additionally, the subject property is just minutes from the Beach, Downtown San Diego, Little Italy, The World Famous San Diego Zoo, and countless other San Diego attractions. With a walk score of 74 out of 100 tenants can enjoy many conveniences without ever getting into a car. The subject property has approximately 2,576 square feet of living area situated on a 8,469 square foot lot. There are two on site parking spaces and an on site laundry room with leased equipment. The subject property was extensively remodeled in 2017 and features new interiors and many exterior improvements.

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

Sale history

$1,860,000
Sold July 2022 · listed $1,900,000, orig. $1,950,000, on market March 2022 · MLS #220006500SD · Source: CRMLS
Listing Agent: Dylan Wright · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: OUT OF AREA OUT OF AREA · OUT OF AREA
$1,075,000
Sold April 2017 · listed $1,200,000, on market February 2017 · MLS #170006462 · Source: CRMLS
Listing Agent: Dylan Wright · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: Dylan Wright · Acre Investment Real Estate
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