NEW ON MARKET | 5 Unit Historic Multifamily Building | $1,150,000

Updated: Mar 18


Pacific Coast Commercial is pleased to present the opportunity to purchase a five (5) unit Historic Victorian multi-family home on the border of Sherman Heights and Golden Hills. The property is quickly accessed via the 25th street exit from highway 94. It’s close location to downtown San Diego, Balboa Park, City College, Petco Park, Gaslamp District and San Diego Airport; it’s walkability to shops and restaurants; it’s clean and updated style keep the units fully rented and make it a desirable investment.


Sherman Heights is an up and coming neighborhood full of revitalization. The Property is one quick block over the bridge to Golden Hill. This neighborhood has an urban, suburban, mix feel while being walkable to many San Diego landmarks.

INVESTMENT HIGHLIGHTS


> Roof replaced in 2006 and is in great shape

> Upgraded interiors

> Abundant street parking for residents and guests

> Separately metered for Gas and Electric

> A few long term tenants with below market rents provide opportunity for income growth

> Offered free and clear of debt for a quick acquisition

> Unit 4 is a new lease at market rate

> All Tenants have month to month agreements

> Air BNB/VRBO income potential



Contact Agent Today (619) 469-3600


DOWNLOAD MARKETING BROCHURE


KRIS BOEHMER

Investment Sales & Leasing

Lic. 01890240


PACIFIC COAST COMMERCIAL

OFFICE 619 469 3600

10721 Treena St, Suite 200, San Diego, CA 92131

www.PacificCoastCommercial.com

Lic. 01209930


The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt Its accuracy, but we do not guarantee it. All information including zoning, financials, leases, square footage, permits and use should be verified during due diligence and prior to completing a purchase.

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(619) 469-3600  |  10721 Treena Street, Suite 200, San Diego, CA 92131  |  License # 01209930