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5311 Santa Margarita St, San Diego, CA 92114

Commercial property · 2 recorded sales since 2016

5311 Santa Margarita St, San Diego, CA 92114 Sold October 2018 CRMLS
$2,575,000Sold October 2018

Listing Agent: Adrian Gonzalez-Pureco (DRE #01844618) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Pat Geary · CEG Advisors · MLS #180046385 · Source: CRMLS

10
Units
5.50%
Cap Rate
Commercial property
Type

About this commercial property

We are pleased to present 10 Units on Santa Margarita. The property is comprised of (3) separate structures; 2 houses and 8 units above. The property has gone through extensive renovations starting from interiors to exterior, new plumbing, new electrical, reengineering retaining walls, restructuring the stairways, this property truly has it all. The unit mix consist of a 3bedroom/2Bath & 4Br/2Ba house with (8) units about that are (7) 3Bedrooms/2Bath & (1) 2Bedroom/2Bath. The units each get their own tandem parking space (18 parking spaces total; 12 being tandem spaces) with the front house getting its own private driveway. The property has onsite laundry facilities with a long private drive way. The units will feature quartz / granite counter tops, new cabinets, new flooring, new bathrooms with new vanities. This property is an investors dream; it cash flows, it's turn key and you wont have to worry about it for decades and on. Agent or Seller have not verified public records, including but not limited to permits, lot size, number of rooms, number of units, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***

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

Sale history

$2,575,000
Sold October 2018 · listed $2,649,000, on market August 2018 · MLS #180046385 · Source: CRMLS
Listing Agent: Adrian Gonzalez-Pureco · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Pat Geary · CEG Advisors
$2,150,000
Sold June 2016 · on market January 2016 · MLS #160001805 · Source: CRMLS
Listing Agent: Jordan Concepcion · Listing Office: Keller Williams Carmel Valley · Contact: 858-720-1900 · Bought with: Mike Boehme · Pacific Properties San Diego
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