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$2,800,000
Est. payment /mo
6,255 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260021529SD
HOA Y/N No
Lot Size 6,255 Sqft
Property Sub-Type Mixed Use
Property Description
Exceptional 17-unit gated multifamily investment opportunity in City Heights. Currently operating as a 62+ community, the property offers established operations, desirable amenities, and significant value-add potential. All units feature air conditioning, with an elevator and on-site laundry. Several units have been renovated, while the remaining units provide an opportunity for further upgrades and rental growth. The property is also eligible for the Complete Communities Housing Solutions program due to its location within a Sustainable Development Area (SDA), enhancing the property's underlying land value and providing significant long-term development upside. Ideally located in City Heights near Teralta Park, the property provides convenient access to Interstate 15 and is centrally positioned for access to Downtown San Diego and surrounding neighborhoods. Residents enjoy close proximity to shopping, dining, parks, public transportation, and a variety of everyday services.
Location
State CA
County San Diego
Area 92105 - East San Diego
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Total Parking Spaces 5
Others
Tax ID 4547421800
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Listed by Kim Klecan San Terra Properties #00959397
Nearby Locations
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