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4361 Altadena Avenue, San Diego, CA 92115

Commercial property

4361 Altadena Avenue, San Diego, CA 92115 Sold October 2024 CRMLS
$2,400,000Sold October 2024

Listing Agent: Brian Duarte (DRE #01468181) · Listing Office: Millennial Realty Group · Contact: 619-759-1182 · Bought with: Taylor Ponce · Trillion Real Estate · MLS #230005183SD · Source: CRMLS

8
Units
6.53%
Cap Rate
5,784 sqft
Lot Size
Commercial property
Type

About this commercial property

Please to present a fully rehabbed and newly constructed multi unit in the heart of San Diego's high demand rental market of City Heights. This asset provides a new owner with a newly renovated property with more rental income upside. Five out of Eight units are month to month. Front 2 story building has been fully rehabbed inside and out. The back building contains 2 units that were recently built with city permits. 100% occupied. All new interiors including: flooring, bathrooms, cabinets, appliances, heaters, roof, counters, paint and water heaters. All new desert scape landscaping and artificial grass was designed to keep water bill low for owner. RUBs implemented! Property is situated 2 miles of NCAA Division 1 San Diego State University and less than half a mile from the College Area Business District. Tenants also have direct access to the Colina Del Sol Park which includes the Colina Park Municipal Golf Course. 5 out of 8 tenants are month to month,

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$2,400,000
Sold October 2024 · orig. $2,700,000, on market March 2023 · MLS #230005183SD · Source: CRMLS
Listing Agent: Brian Duarte · Listing Office: Millennial Realty Group · Contact: 619-759-1182 · Bought with: Taylor Ponce · Trillion Real Estate
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