4321 Euclid Ave, San Diego, CA 92115

About this commercial property

ATENTION! Two new ADU plan is in permit process!!! 4321-29 Euclid Ave is a 5 unit apartment building that was fully remodeled in 2016 and 2021 when the current owner purchased the property. The plumbing, electrical, exterior paint, and interior units were all upgraded. The property has a favorable unit mix of FOUR 2 bed/1 bath units and ONE 3 bed/2 bath unit. There are five garages that are currently being used by the owner and not the tenants so there is value to add to the property. A buyer can purchase this property at a 5.43% Cap rate and add both ADU'S to make it more profitable.

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

Sale history

$1,822,000

Sold December 2022 · listed $1,995,000, on market August 2022 · MLS #220022294SD · Source: CRMLS

Listing Agent: Farid Khayamian · Listing Office: Bluxen, Inc · Contact: 858-535-0000 · Bought with: Keegan Wetzel · Cal State Realty Services

$1,200,000

Sold October 2021 · listed $1,250,000, on market March 2021 · MLS #210006252 · Source: CRMLS

Listing Agent: Jason Lee · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Farid Khayamian · Bluxen

$700,000

Sold September 2016 · listed $750,000, on market August 2016 · MLS #160045072 · Source: CRMLS

Listing Agent: Pamela Macias · Listing Office: Valle De Oro Financial Service · Contact: 619-440-5000 · Bought with: Benn Vogelsang · South Coast Commercial, Inc.

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