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Listed by Michael Conger • Commercial Asset Advisors
$ 3,960,000
Est. payment | /mo
0.27 Acres Lot
$ 3,960,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2504104
Year Built 1973
Lot Size 0.273 Acres
Source California Regional MLS
Property Description
Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.
Location
State CA
County San Diego
Area 92114 - Encanto
Interior
Laundry Community Facility
Exterior
Garage Spaces 33.0
Pool 31, None
View Other, City Lights
Building
Lot Description Paved
Others
Tax ID 5480901000
Special Listing Condition Not Applicable
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Ben Dodge
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