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4111 Clairemont Mesa Blvd, San Diego, CA 92117

Commercial property · 2 recorded sales since 2021

4111 Clairemont Mesa Blvd, San Diego, CA 92117 Sold May 2023 CRMLS
$3,300,000Sold May 2023

Listing Agent: Aaron Bove (DRE #01318320) · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Victor Kung · Abacus Properties Inc. · MLS #230002544SD · Source: CRMLS

5
Units
4.49%
Cap Rate
$154,581
NOI
Commercial property
Type

About this commercial property

4111 Clairemont Mesa Blvd is a newly constructed & distinctive 5-unit multifamily building located in San Diego, CA. This building features a rare mix of (1) 3 bed/2bath 1100 SF single family ranch-style home & (4) 2023 newly constructed units comprised of (2) 1bed/1baths (790 & 820 SF) and (2) 3bed/2baths (1200 SF). All four of the newly built units are townhome style & offer two-story layouts throughout. This larger range of unit sizes and design makes the property suitable for a range of tenants. This property has a “spared-no-expense” feel and boasts luxurious finishes such as porcelain countertops, high-end appliances, 10ft high ceilings, custom cabinetry, walk-in closets, stacked washer/dryers, cat 6 plug-ins, mini-splits, full solar, as well as outside patio living areas. The building also features (4) on-site paved parking spots and a 2-car garage that provides convenience for all of the tenants. The location of this building is another major selling point. 4111 Clairemont Mesa Blvd. is situated across the street from the Clairemont Town Square, which features a Vons grocery store, CVS Pharmacy, Starbucks, Subway, Chipotle, and Jersey Mike's Subs, among other restaurants, shops, and services. Having these amenities just a short walk away can be a major selling point for potential tenants and makes this property that much more attractive.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$3,300,000
Sold May 2023 · listed $3,445,000, on market February 2023 · MLS #230002544SD · Source: CRMLS
Listing Agent: Aaron Bove · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Victor Kung · Abacus Properties Inc.
$767,000
Sold January 2021 · listed $775,000, on market December 2020 · MLS #200053442 · Source: CRMLS
Listing Agent: Gary Kent · Listing Office: Keller Williams Realty LaJolla · Contact: 858-457-5368 · Bought with: Seth Robinson · Red Tree Realty
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