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4435 52nd Street, San Diego, CA 92115

Commercial property · 2 recorded sales since 2013

4435 52nd Street, San Diego, CA 92115 Sold August 2018 CRMLS
$2,035,000Sold August 2018

Listing Agent: Daniel Melroy (DRE #01319904) · Listing Office: Melroy Investments Inc · Contact: 858-483-8881 · Bought with: Daniel Melroy · Melroy Investments Inc · MLS #180010169 · Source: CRMLS

9
Units
4.10%
Cap Rate
$93,515
NOI
9,500 sqft
Lot Size
Commercial property
Type

About this commercial property

9 Units including one boot-leg apartment and 7 Garages!!! Property is 100% occupied and situated on 2 parcels in close proximity to SDSU campus. Easy access to freeways I-8, and I-15. This is a value add investment. Current rents are well below market and property has immediate upside potential. Laundry room features 2 sets of washers and dryers. This property is a must see for any investor currently seeking a quality Multi-Family Investment Opportunity. *Both Parcels APN's: 472-021-07-00 and 472-021-08-00

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

Sale history

$2,035,000
Sold August 2018 · listed $2,200,000, on market February 2018 · MLS #180010169 · Source: CRMLS
Listing Agent: Daniel Melroy · Listing Office: Melroy Investments Inc · Contact: 858-483-8881 · Bought with: Daniel Melroy · Melroy Investments Inc
$1,130,000
Sold January 2013 · listed $1,195,000, on market July 2012 · MLS #120034143 · Source: CRMLS
Listing Agent: Joseph Siemienowski · Listing Office: Siemienowski & Associates · Contact: 858-866-0750 · Bought with: Jack Melroy · Melroy Investments Inc
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