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$5,700,000
4335 Hilltop Dr, San Diego, CA 92102
0 Beds
0 Baths
n/a sqft

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The Hilltop Cove Apartments is a 24 unit apartment community located in the Chollas View submarket of San Diego. Situated over four separate buildings on a 1.18 acre parcel the property consists of twenty four 3 Bed/2 Bath units. The subject property has forty four on site parking spots and two on site laundry facilities with owned machines. The property has been well kept over the years but an opportunity exists to remodel the units and substantially increase rents. The property is located approximately 5 miles from Downtown San Diego and is a few blocks away from the 805 and 94 freeways providing residents easy access to employments centers, shopping, dining, and entertainment. The Hilltop Cove Apartments is a fantastic opportunity for an investor looking for a value add opportunity with solid rent growth moving forward.
  • Price:
  • $5,700,000
  • Acreage:
  • 1.18
  • Listing ID #:
  • 210027258
  • Street Address:
  • 4335 Hilltop Dr
  • City:
  • San Diego
  • State:
  • California
  • Postal Code:
  • 92102
  • County:
  • San Diego
  • Community:
  • San Diego
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial Sale
  • Number Of Units:
  • 24
  • Total # Of Buildings:
  • 4
  • Annual Insurance Expenses:
  • 7200
  • Annual Maintenance Expenses:
  • 24000
  • Annual Trash Expenses:
  • 7600
  • Annual Water/Sewer Expenses:
  • 35000
  • Net Operating Income:
  • 239214
  • Operating Expense:
  • 184104
  • Lot Size:
  • 1.18
  • Lot Square Footage:
  • 51401
  • Days On Market:
  • 69
  • On Market Date:
  • 2021-09-26
  • Originating Mls:
  • Crmls
  • Parking Spaces:
  • 44
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Courtesy of Dylan Wright () with Acre Investment Real Estate
  • CACRMLS

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