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4170 Texas Street, San Diego, CA 92104

Commercial property

4170 Texas Street, San Diego, CA 92104 Sold November 2023 CRMLS
$2,865,500Sold November 2023

Listing Agent: Eric Comer (DRE #00842230) · Listing Office: Eric D. Comer, Broker · Contact: 858-509-1200 · Bought with: Rita Lancaster-Hannah · Acre Investment Real Estate · MLS #230013848SD · Source: CRMLS

7
Units
3.64%
Cap Rate
Commercial property
Type

About this commercial property

4170 Texas Street is a well located asset with a desirable unit mix of four *(4) one- bedroom and three (3) two-bedroom, two bath apartment homes. Originally constructed in 1981, the subject was extensively remodeled with new dual pane windows and an extensive interior renovation to the 2bd/2ba units. There are four (4) non-renovated 1bd/1ba units that, on average, are nearly $400/unit below market with no capital improvements or renovation required. A future investor may choose to complete a full upgrade on the non-renovated units to achieve the proven price premium for the renovated units. With an impressive Walkscore of 93, the property is ideally located in the heart of North Park, one of San Diego’s trendiest and fastest growing neighborhoods. Contact Merrick Matricardi with any questions or to schedule a tour 858.369.3085.

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

Sale history

$2,865,500
Sold November 2023 · listed $2,950,000, orig. $3,000,000, on market July 2023 · MLS #230013848SD · Source: CRMLS
Listing Agent: Eric Comer · Listing Office: Eric D. Comer, Broker · Contact: 858-509-1200 · Bought with: Rita Lancaster-Hannah · Acre Investment Real Estate
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