4675 Louisiana, Normal Heights, CA 92116

$5,495,000
List Price
$5,495,000
Status
ACTIVE
MLS#
220023807SD
Days on Market
13
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

We are pleased to present 4675 Louisiana Street Apartments for sale in San Diego's charming University Heights neighborhood. The property was originally constructed in 1967 and has been well maintained with some significant capital improvements completed in recent years. While the units are clean and in good condition, there is significant rental upside through interior renovations. The units are a combination of one and two-bedroom floor plans. Property amenities include a common laundry room, secured entry, reserved parking and additional storage. Located in a charming residential pocket, the property is just one block from million-dollar homes along Panorama Drive with sweeping canyon views. The neighborhood is a walker's paradise with a plethora of trendy restaurants, coffee shops, bars and shops along Adams Avenue and Park Blvd. Residents are walking distance to the popular Trolley Barn Park with a playground, picnic area and summer concert series. 4675 Louisiana is located just one block west of Texas Street, a major north-south thoroughfare with direct access to Interstate 8. The subject has excellent proximity to major employment centers in Mission Valley, Downtown San Diego, Kearny Mesa and beyond.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Exterior Construction
Frame, Stucco
Attached Structure
Detached
Number Of Units Total
13
Gross Scheduled Income
$228,160
Operating Expense
112844

Listing courtesy of Listing Agent: Eric Comer (jim.neil@kidder.com) from Listing Office: Eric D. Comer, Broker.

Mortgage Calculator

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Calculator source: Real Geeks

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.