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    1929 Columbia St

    San Diego, CA 92101
    • $13,250,000
    • STATUS: ACTIVE
    • ON SITE: 92 days
    • ID#: 200042616
    UPDATED: 189 min ago
    $13,250,000
    • 3
      BEDS
    • 0.12
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Proud to present a world class asset located in, without a doubt, one of San Diego’s hottest neighborhoods. While surpassing every expectation for Southern California’s high-end real estate and truly a unique phenomenon anywhere in the globe, this penthouse is highly cultivated and detail rich, with sweeping view of the San Diego Bay and Pacific Ocean. Not only is it first in class, but also generates substantial income from the 17 apartment units to which it soars above. The offering is the ENTIRE building, which includes the nearly 7,000 sq. ft. penthouse (interior and exterior) in addition to 4 x 2 bedroom units, 12 x 1 bedroom units and a ground floor studio. While the building has verifiable income today, the possibilities are endless as entire floors can be adapted for other use types. Convert a floor for employees’ office space, host out of town guests, run your own bed and breakfast, the options are truly endless.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/109621898
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    1929 Columbia St San Diego, CA 92101

    • Price: $13,250,000
    • Status: ACTIVE
    • Updated: 189 min ago
    • ID#: 200042616
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.12
    Acres
    Neighborhood:
    San Diego Downtown (92101)
    County:
    San Diego
    Area:
    San Diego Downtown (92101)
    Property Description
    Proud to present a world class asset located in, without a doubt, one of San Diego’s hottest neighborhoods. While surpassing every expectation for Southern California’s high-end real estate and truly a unique phenomenon anywhere in the globe, this penthouse is highly cultivated and detail rich, with sweeping view of the San Diego Bay and Pacific Ocean. Not only is it first in class, but also generates substantial income from the 17 apartment units to which it soars above. The offering is the ENTIRE building, which includes the nearly 7,000 sq. ft. penthouse (interior and exterior) in addition to 4 x 2 bedroom units, 12 x 1 bedroom units and a ground floor studio. While the building has verifiable income today, the possibilities are endless as entire floors can be adapted for other use types. Convert a floor for employees’ office space, host out of town guests, run your own bed and breakfast, the options are truly endless.
    Exterior Features

    Carports 0 Construction BlockStucco Exterior Fully Landscaped Parking Garages Roof Other/Remarks

    Interior Features

    Cooling Central Forced Air Elec Floor Coverings Other/Remarks Floors Slab Heating Central Forced Air Elec Laundry Owned Sq Ft Of Improvement 13968

    Property Features

    Actual Gross Scheduled Income 493938.0 Actual Operating Expense 172250 Assumable Finance 0 Buildings 1 Complex Features Elevator Existing Financing Other/Remarks Financial Information Source Owner Gross Equity 0 Gross Multiplier 26.8 Have 17 Unit + Ph Mandatory Remarks None Known Market Area Metro Central Motive Want Sell Sq Ft Source Plans Terms CashExchange DownExchange UpOwner May Carry 1StOwner May Carry 2nd Unit Number1 1 Unit Number2 4 Unit Number3 12 Unit Rent1 1500 Unit Type Apartment Zoning Commercial

    Listing provided courtesy of Compass. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101