1057 Grand Ave, San Diego, CA 92109
1057 Grand Ave, San Diego, CA 92109
1057 Grand Ave, San Diego, CA 92109
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,790,000
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 260014258SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

This is an 8-unit property with 8 garages in PB and only 3.5 blocks to the ocean. All units consist of 2 bedroom, 1 bath, 825 sqft with patios. All are residential units totaling 6,600 sqft on a 12,490 sqft lot. Current rents are extremely low. CAP can be 4.5% at $3,500 a month rent w/ no updating. Also, may be potential for garage-to-ADU conversions. This provides a rare opportunity to own multifamily real estate just steps from the funnest beach in San Diego, Pacific Beach. 3 are STVRs, 1 vacant, 4 long term rentals. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS<<<

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Zoning RM 2-5

Interior

Fireplace No

Exterior

Total Parking Spaces 8

Others

Tax ID 4231540600

Virtual Tour https://listings.revvideoproductions.com/video/ScGpek4gqoTvzI1Hzq8QHGkGCESurCcPiqfNQ3bH9Yk

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Listed by Monique LeBlanc The Agency #01826588

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