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4020 38th St, San Diego, CA 92105

Commercial property

4020 38th St, San Diego, CA 92105 Sold February 2025 CRMLS
$2,580,000Sold February 2025

Listing Agent: Anthony Mendes (DRE #01845642) · Listing Office: The Mendes Company · Contact: 619-222-9502 · Bought with: Anthony Mendes · The Mendes Company · MLS #240028344SD · Source: CRMLS

10
Units
5.03%
Cap Rate
$134,531
NOI
Commercial property
Type

About this commercial property

Fantastic opportunity to purchase a stabilized (10) unit building in Central San Diego with immediate rental upside. This property boasts large floor plans, multiple renovated units, on-site parking and coin-operated laundry facilities. The building has been well managed and a new buyer will benefit from operational efficiencies that have been put in place over the last 24 months.

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$2,580,000
Sold February 2025 · listed $2,675,000, on market December 2024 · MLS #240028344SD · Source: CRMLS
Listing Agent: Anthony Mendes · Listing Office: The Mendes Company · Contact: 619-222-9502 · Bought with: Anthony Mendes · The Mendes Company
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