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534 Sicard St, San Diego, CA 92113

Commercial property

534 Sicard St, San Diego, CA 92113 Sold October 2023 CRMLS
$1,435,000Sold October 2023

Listing Agent: Terry Moore (DRE #00918512) · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Jeffrey Hein · Premiere Real Estate · MLS #230004732SD · Source: CRMLS

8
Units
5.00%
Cap Rate
$72,530
NOI
4,095 sqft
Lot Size
Commercial property
Type

About this commercial property

JUST REDUCED!!! Two units have been renovated with vinyl plank flooring, new surround tubs, vanities, kitchen cabinets and countertops. Carpet in most units can be replaced on turnover. Most kitchen cabinets are solid wood, maybe 1970s vintage. The exterior was just repainted in March, 2023. New roof installation will be completed prior to close of escrow. Rent increase letters have been sent out to five tenants and will be in effect as of September 2023 and a sixth tenant whose increase will be effective October 2023.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,435,000
Sold October 2023 · listed $1,449,000, orig. $1,799,000, on market March 2023 · MLS #230004732SD · Source: CRMLS
Listing Agent: Terry Moore · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Jeffrey Hein · Premiere Real Estate
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