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4233 Euclid Avenue, San Diego, CA 92115

Commercial property · 2 recorded sales since 2017

4233 Euclid Avenue, San Diego, CA 92115 Sold November 2018 CRMLS
$4,025,000Sold November 2018

Listing Agent: Benn Vogelsang (DRE #01883437) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Jonathan Asch · Ascent Real Estate, Inc · MLS #180043235 · Source: CRMLS

16
Units
5.41%
Cap Rate
$224,551
NOI
12,501 sqft
Lot Size
Commercial property
Type

About this commercial property

The Euclid Avenue Apartments have been extensively remodeled within the past year. The exterior of the property has been painted, fitted with new windows, as well as re-landscaped with virtually no maintenance landscaping. The remodeled units all have low flow toilets, new tubs and showerheads. The remodeled kitchens have new wood cabinets and quartz counter-tops as well as new appliances. All of the units have dishwashers, microwaves, in-unit washers and dryers and new vinyl plank flooring in the common areas as well as ceiling fans. The property features upgraded electrical, new underground ABS, new pitched roofs and 9 gated parking spaces. The property consists of 12,318 square feet of structure built in 1957 and situated on a 12,501 square foot lot. Fourteen (14) of the units are spacious 2 Bed / 1 Bath units and two (2) are large 1 Bed / 1 Bath units. There are two water heater rooms. The property has a low cost of operation and low maintenance.

Listing description from the November 2018 sale, as reported to CRMLS.

Sale history

$4,025,000
Sold November 2018 · listed $4,150,000, orig. $4,200,000, on market August 2018 · MLS #180043235 · Source: CRMLS
Listing Agent: Benn Vogelsang · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Jonathan Asch · Ascent Real Estate, Inc
$2,540,000
Sold November 2017 · listed $2,700,000, on market January 2017 · MLS #170003812 · Source: CRMLS
Listing Agent: Kadesh Arya · Listing Office: AMG Management & Realty · Contact: 619-295-1165 · Bought with: Benn Vogelsang · South Coast Commercial, Inc.
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