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2611 University

San Diego, CA 92104
  • $1,795,000
  • STATUS: ACTIVE
  • ON SITE: 30 Days
  • ID#: 240007290
Price Reduced
UPDATED: 127 min ago
$1,795,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,732
    SQFT
  • $657
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

Welcome to an exceptional investment opportunity in the vibrant community of North Park. This multi-family/commercial building offers a prime location with a blend of residential and commercial spaces, perfectly positioned to cater to the diverse needs of tenants and businesses alike. Each residential unit is thoughtfully designed with modern finishes, appliances, and amenities to ensure tenant satisfaction and retention. North Park continues to experience strong demand for both residential and commercial properties, making this an attractive investment for long-term growth potential

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San Diego MLS logo 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/149642126
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2611 University San Diego, CA 92104

  • Price: $1,795,000
  • Status: ACTIVE
  • On Site: 30 Days
  • Updated: 127 min ago
  • ID#: 240007290
4
Beds
4
Baths
0
½ Baths
N/A
Acres
2,732
SQFT
$657
$/SQFT
1930
Built
Neighborhood:
North Park
County:
San Diego
Area:
North Park (92104)
Property Description
Welcome to an exceptional investment opportunity in the vibrant community of North Park. This multi-family/commercial building offers a prime location with a blend of residential and commercial spaces, perfectly positioned to cater to the diverse needs of tenants and businesses alike. Each residential unit is thoughtfully designed with modern finishes, appliances, and amenities to ensure tenant satisfaction and retention. North Park continues to experience strong demand for both residential and commercial properties, making this an attractive investment for long-term growth potential
Exterior Features

Exterior Wood/Stucco Fencing Partial Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 4 Units With Dishwashers 4 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 0 Units With Refrigerators 4 Units With Washers 0

Property Features

Actual Cap Rate 4.9 Age Restrictions N/K Annual Expense Actual 19614 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community NORTH PARK Complex Park N/A Cross Streets 30th Gross Rent Multiplier Actual 16.67 Gross Scheduled Income Actual 116940 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays SewerTrashWaterElectricityHot Water Terms CashConventionalFHAVA Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit Number4 D Unit1 Deposit 2400 Unit1 Occupied Tenant Unit1 Rent Actual 2400.0 Unit2 Deposit 2395 Unit2 Occupied Tenant Unit2 Rent Actual 2395.0 Unit3 Deposit 2475 Unit3 Occupied Tenant Unit3 Rent Actual 2475.0 Unit4 Occupied Tenant

San Diego MLS logo Listing provided courtesy of Marty Martinez of Coldwell Banker Realty: 619-838-7609. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team
516 5th Avenue
San Diego CA, 92101