Skip To Content

9625 Black Mountain Rd

San Diego, CA 92126
  • $7,300,000
  • STATUS: ACTIVE
  • ON SITE: 53 Days
  • ID#: 220015642
UPDATED: 54 min ago
$7,300,000
  • 0
    BEDS
  • 1.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1985
County:

School Ratings & Info

Description

Well located office building easy access from Interstate 15 and excellent visibility on the corner of Black Mountain Rd and Kearny Villa Rd. This is a desirable location for all kinds of services. This is a 3-story office building with a private underground parking lot and elevator. Good mix of tenants with beauty salons, medical services, auto dealers, insurance agency etcetera. 3 of the units are diversified tenant pools which add some extra cash flow. The property has a lot of upside with its ideal location, with some of the tenants paying below market rents that any buyer can quickly realize given the buildings strong historical occupancy. The building has a brand new roof with the common areas being recently remodeled in 2022.

Monthly Payment Calculator

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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/130053920
Print Image

9625 Black Mountain Rd San Diego, CA 92126

  • Price: $7,300,000
  • Status: ACTIVE
  • On Site: 53 Days
  • Updated: 54 min ago
  • ID#: 220015642
0
Beds
0
Baths
0
½ Baths
1.09
Acres
1985
Built
Neighborhood:
Mira Mesa (92126)
County:
San Diego
Area:
Mira Mesa (92126)
Property Description
Well located office building easy access from Interstate 15 and excellent visibility on the corner of Black Mountain Rd and Kearny Villa Rd. This is a desirable location for all kinds of services. This is a 3-story office building with a private underground parking lot and elevator. Good mix of tenants with beauty salons, medical services, auto dealers, insurance agency etcetera. 3 of the units are diversified tenant pools which add some extra cash flow. The property has a lot of upside with its ideal location, with some of the tenants paying below market rents that any buyer can quickly realize given the buildings strong historical occupancy. The building has a brand new roof with the common areas being recently remodeled in 2022.
Exterior Features

Alley Access Na Construction Concrete Location Free Standing Parking On SiteUnderground Parking Ratio 2.11 Roof Tar & Gravel Truck Doors 0

Interior Features

Common Restrooms 4 Cooling Central Forced Air Elec Estimated Square Feet 36562 Floors Wood Heating Central Forced Air Elec Private Restrooms 0 Restrooms 4 Sprinkler Y Sq Ft Per Floor1 18156 Sq Ft Per Floor2 18156 Stories 3 Story Vacant Sq Ft 1951

Property Features

Actual Cap Rate 6.2 Actual Gross Scheduled Income 624928.0 Actual Operating Expense 454057 Assumable Finance 0 Buildings 1 Commercial Property Type Office Lease Complex Park Black Mountain Point Existing Financing Conventional Financial Information Source Owner Mandatory Remarks None Known Monthly Rent Total 86168 Motive Want Different investment Occupancy Percent 95 Overall Percent Vacant 5 Property Type Office Sale Includes BuildingLandLeases Sales Restrictions N/K Short Sale No Sq Ft Source Tax Record Tenant Pays Other/Remarks Terms CashCash To New Loan Zoning Industrial

San Diego MLS logo Listing provided courtesy of Compass. Listing information © 2022 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_220015642-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_220015642-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_220015642-2.jpg
Logo
Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101