If you need assistance, please call 951-314-1856

$4,350,000
4265 Altadena Ave, San Diego, CA 92115
0 Beds
0 Baths
n/a sqft

Share

   
OR
Photos
Map
Tour
Need help calculating monthly payments on this home? Estimate your mortgage here.
powered by CINC
Pleased to present for sale a 21-unit value add apartment complex in the City Heights neighborhood of San Diego. Constructed in 1963, this property rests on a 15,625 SF lot and offers 14,118 of rentable SF. 4265 Altadena Avenue, also known as Town House East, is comprised of (20) 1-Bedroom/1-Bathroom units and (1) 2-Bedroom/1.5-Bathroom townhome. Amenities include off-street parking for every unit, secure gated entry, and a large underutilized communal courtyard. This property offers investors the rare opportunity to acquire a large complex with significant rental upside. City Heights is known for its cultural diversity, locally owned businesses, and international cuisine. The neighborhood is a designated opportunity zone by the U.S Department of Treasury and may offer tax benefits for investors. With a walking score of 86, the asset is steps away from some of San Diego’s most popular bars, restaurants, shops, and attractions on El Cajon Blvd and University Ave. City Heights is a neighborhood growing in popularity year after year. The increased demand for apartments in the area will continue to keep vacancy rates low and rent increases steady.
  • Price:
  • $4,350,000
  • Acreage:
  • 0.36
  • Listing ID #:
  • 210014890
  • Street Address:
  • 4265 Altadena Ave
  • City:
  • San Diego
  • State:
  • California
  • Postal Code:
  • 92115
  • County:
  • San Diego
  • Community:
  • San Diego
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial Sale
  • Number Of Units:
  • 21
  • Total # Of Buildings:
  • 1
  • Net Operating Income:
  • 186850
  • Operating Expense:
  • 106094
  • Lot Size:
  • 0.36
  • Lot Square Footage:
  • 15682
  • Days On Market:
  • 186
  • Originating Mls:
  • Crmls
  • Parking Spaces:
  • 23
  • Has Central Air Conditioning:
  • Yes
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Courtesy of Carson Trujillo () with Marcus & Millichap
  • CACRMLS

Similar Properties

Image Unavailable
$3,950,000
Virtual Tour
1319 Hornblend Street, San Diego, CA 92109
0 Beds | 0 Baths
CACRMLS Listing Courtesy of Dylan Wright () with Acre Investment Real Estate
PENDING
Image Unavailable
$4,295,000
Virtual Tour
1479 J Street, San Diego, CA 92101
0 Beds | 0 Baths
CACRMLS Listing Courtesy of Eric Comer () with Eric D. Comer
PENDING
Image Unavailable
$4,500,000
2918 Dickens St, San Diego, CA 92106
0 Beds | 0 Baths
CACRMLS Listing Courtesy of Paul Hartley () with Paul Hartley Realty
PENDING