CA > San Diego
San Diego, CA 92110,5747 Lauretta St
San Diego, CA 92110,5747 Lauretta St
San Diego, CA 92110,5747 Lauretta St
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,200,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250036121SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

We are pleased to present THE PALMS, a 12-unit multifamily investment in San Diego's desirable Linda Vista neighborhood, directly across from the University of San Diego (USD). Built in 1962 and extensively renovated in 2017, the property blends modern upgrades with mid-century charm. Situated on a 9,984 SF lot, it features ten (10) one-bed/one-bath units and two (2) studios, totaling ~6,350 rentable SF. Each unit is separately metered for gas and electricity, ensuring cost-efficient operations. Highlights: Fully renovated interiors with granite countertops, new cabinetry, stainless steel appliances, luxury vinyl plank flooring, updated baths, lighting, and fresh paint. One unit has in-unit laundry; new plumbing on the first floor of Building 1. Exterior upgrades include dual-pane windows, new roof (2017), fresh paint, enhanced pool and deck, new concrete, fencing, patio furniture, updated landscaping, controlled access, owner-operated laundry, and six (6) storage units for added income. The Palms offers a walkable location with retail, dining, shopping, and recreation nearby. Steps from USD, with 9,041 enrolled in 2025, it is ideal for students and faculty. This is a fully renovated, stabilized asset with strong rental demand and low maintenance. Upside potential includes implementing RUBS for utility cost recovery and adjusting rents to market rates, enhancing NOI, cash flow, and ROI.

Location

State CA

County San Diego

Area 92110 - Old Town Sd

Interior

Fireplace No

Others

Tax ID 4365811900

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CRMLS – RECore
Listed by Bill Anderson Acre Investment Real Estate

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