Listed by Thomas McCartin with Marcus & Millichap

4088 Crown Point Drive

San Diego, CA, 92109

$11,775,000

$11,775,000
Pending
Pending
 - For Sale
property_type
Commercial
Rare Opportunity to acquire 20 Bay Front Apartment Units in the Crown Point section of Pacific Beach! Long Term Ownership has done an exceptional job in maintaining and improving the building over the years. Many recent Capital Improvements should ensure a property with little to no deferred maintenance. Great unit mix of mostly 2BR/2Bath units. Plenty of off-street parking spaces. Immediate Upside in income (Low Rents, Currently no Utility Reimbursement Program in Place, Tenants not paying for parking, etc.). Long term tenants. New Windows & Sliders, New Roof 2022, Multiple Units upgraded with new flooring, appliances, cabinets, etc. Seller may consider Financing a 1st or 2nd Note.
MLS® ID:
230002968SD
Listed:
2/13/23
Updated:
3/27/23
Willis Allen Real Estate
Nelson Brothers Team

Exterior/Building Features

Lot Size
9,790 ft² lot
Roof
Composition

Other Property Details

Area Name
92109 - Pacific Beach
Garage
No
Parking
29
Parking Total
29.0
View
N
County
San Diego
Pool
No
Zoning
Commercial
Buyer Agency Compensation
1.000

Property History

Date
Event
Price
Value
3/23/23
Pending
-
-

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/27/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/27/23 at 9:07 AM UTC

Willis Allen Real Estate
Nelson Brothers Team
Contact