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3024 Madison Avenue, San Diego, CA 92116

Commercial property · 3 recorded sales since 2014

3024 Madison Avenue, San Diego, CA 92116 Sold October 2018 CRMLS
$1,073,021Sold October 2018

Listing Agent: Blake Tagmyer (DRE #01912759) · Listing Office: Cushman & Wakefield of San Die · Contact: 858-452-6500 · Bought with: John Selby · Compass · MLS #180047018 · Source: CRMLS

3
Units
4.80%
Cap Rate
$51,362
NOI
3,000 sqft
Lot Size
Commercial property
Type

About this commercial property

Located west of Interstate 805, along Madison Avenue, this 3,000 square foot lot is home to two individual buildings situated on one parcel. The property consists of one duplex, which is comprised of one, two-bedroom/one-bath unit on the ground level, and one, one-bedroom/one-bath unit on the upstairs level. There is also a one-bedroom/one-bath cottage in the rear of the property. The Property features very spacious units, with high-end upgrades including hardwood and laminate floors, marble and granite counter-tops, designer paint, crown molding, and stainless steel appliances. Tenants on the ground level enjoy large private patios, while the upstairs unit enjoys an extremely spacious deck overlooking North Park. Additional capital improvements have been completed to the exterior, which include a new roof, vinyl windows, paint, staircase, gutters and awning. Other attributes include a one-car garage and an on-site laundry facility for the tenant’s convenience.

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

Sale history

$1,073,021
Sold October 2018 · listed $1,070,000, on market August 2018 · MLS #180047018 · Source: CRMLS
Listing Agent: Blake Tagmyer · Listing Office: Cushman & Wakefield of San Die · Contact: 858-452-6500 · Bought with: John Selby · Compass
$1,073,021
Sold October 2018 · listed $1,070,000, on market August 2018 · MLS #180047008 · Source: CRMLS
Listing Agent: Blake Tagmyer · Listing Office: Cushman & Wakefield of San Die · Contact: 858-452-6500 · Bought with: John Selby · Compass
$609,000
Sold June 2014 · listed $599,000, on market April 2014 · MLS #140020676 · Source: CRMLS
Listing Agent: Scot Gentry · Listing Office: Coldwell Banker West · Contact: 619-280-1530 · Bought with: Brian Gregory · Keller Williams SD Metro
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