4642 Boundary Street, San Diego, CA 92116
Property · 2 recorded sales since 2014
Sold January 2017
Listing Agent: Drew Auker (DRE #01867075) · Listing Office: Coldwell Banker West · Contact: 619-814-3420 · Bought with: Owen Wickstrand · S W Realty Services · MLS #160063388 · Source: CRMLS
About this property
3.9% CAP with $103,200 GSI on FULLY LEASED NEW CONSTRUCTION 4-UNIT building in a stellar University Heights location. Investors looking to minimize risk and maximize returns should make an offer immediately on this ‘close escrow and breathe easy’ opportunity. Super-efficient modern loft-style construction provides premium rents directly off trendy Adams Ave. Finished aesthetic of the building and its orientation all designed in keeping with the future of the neighborhood, attracting premium tenants. LOCATION LOCATION LOCATION: Boundary Lofts is in a stellar location in University Heights – a hop from North Park, and a jump from Normal Heights – directly off trendy Adams Avenue. The heart of the metro offers superb freeway access and the walkability, culture and services desired by today’s urban tenant. MINIMIZE RISK; TURN-KEY NEW CONSTRUCTION: Investors looking to minimize risk and maximize returns should make an offer immediately on this ‘close escrow and breathe easy’ opportunity. MAXMIMIZE RENTS = STYLE + LOCATION: Boundary? Lofts paves the way with super-efficient loft-style construction, providing premium rents from four of the hottest and most desirable apartments in one of the best spot in the metro. CONSCIOUS CONSTRUCTION: Built with the neighborhood in mind, these lofts aren’t just ultra-modern dropped on a lot; the finished esthetic of the building, and its orientation all were designed to be in keeping with the history and the future of the neighborhood. Neighborhoods: Univ Heights, NP, Normal Heights Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 4642 #1 Unit # for Unit 2: 4642 #2 Unit # for Unit 3: 4644 #1 Unit # for Unit 4: 4644 #2 Number of Furnished Units: 0 Topography: LL
Listing description from the January 2017 sale, as reported to CRMLS.
Sale history
