3845 Chamoune Ave, East San Diego, CA 92105

$5,150,000
List Price
$5,150,000
Status
ACTIVE
MLS#
210030993
Lot Size
12,518
Acres
0.29
Days on Market
16
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

We are pleased to offer for sale 3845 Chamoune Avenue, a 22 unit apartment complex located in the heart of City Heights. The property consists of 22 legal units: 20 (1br/1ba) apartments, 1 (2br/2ba) apartment and 1 (3br/1ba) apartment. Over the recent past, Ownership has performed many capital improvements which include, but are not limited to, new exterior stucco/paint, new windows (select units), roof work, full interior remodel of 17 units, etc. The property is located in the center of San Diego County and is extremely convenient to all San Diego has to offer both on foot and via car/public transportation. Other amenities include ample off street parking and laundry facilities (leased). This is a rare opportunity in a HOT market to purchase a building and obtain a new first trust deed with close to 35% down and still cash flow well...There is also room to push rents throughout. Please call LA for additional information and/or questions/inquiries... Amenities: None

Additional Information

Heat
Wall Furnace
Cooling
Yes
Exterior Construction
Stucco
Roof
Composition
Attached Structure
Detached
Number Of Units Total
22
Gross Scheduled Income
$402,720
Operating Expense
133856

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Josh Browar from The Browar Group

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.