San Diego CA, 92102
Listed by Eric Comer with Eric D. Comer, Broker 858-509-1200
SECOND PRICE REDUCTION: The Pacifica Apartments is a well-located asset with a desirable unit mix in a turn-key condition. Originally constructed in 1962, the property's interior and exterior has been continuously improved. A future investor can immediately increase rents to market rents and take advantage of the continued broader regional market growth. Alternatively, an investor could complete a deeper renovation with additional amenities such as in-unit washer and dryers and raise rents significantly. Recent updates to the City of San Diego's development regulations, provides a unique redevelopment opportunity. The property is located in the Complete Communities Area, which would allow a developer to exceed height and density limits of the base zone. Located in the charming Golden Hill neighborhood and surrounding communities of Downtown and South Park, the area is a perfect balance of urban activity and quiet neighborhood charm. Residents are walking distance to restaurants, bars, coffee shops and retail. Proximate to several freeways including I-5, I-15 and the 94 Freeway.
January 4, 2023
February 16, 2024
San Diego CA, 92102
Other Property Details
92102 - San Diego
Days on Market
Buyer Agency Compensation
Listing Contact: 858-509-1200
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Data last updated on 2/16/2024 at 4:11 AM UTC