Listing ID: 220006942
Price: $12,500,000
Status: ACTIVE
Address: 3046 Nimitz Blvd.
City: San Diego
State: California
Postal Code: 92106
SqFt: 9,258
County: San Diego
San Diego
CA
92106
PREMIER INVESTMENT OPPORTUNITY. A rare opportunity to acquire a luxury asset located in the heart of the coastal community of Point Loma. With perfect proximity to San Diego Bay, Shelter Island, trendy restaurants and the marina, this brand new (under construction) apartment offering features two buildings and 18 one-bedroom, one-bath units averaging 700 sq. ft. per unit. with attached garages. One unit has a carport and 17 units have attached garages. The community will have private rooftop decks with marina views, and private sun-filled balconies. Unit finishes to include 9' ceilings, stainless steel appliances, vinyl wood plank flooring and modern appointments. The location is within the Transit Priority Corridor, close to Liberty Station, Downtown San Diego and the airport. Property contains two parcels (APN 530-373-01 and 02) with approximately 9,258 sq. ft. Located at the intersection of Nimitz Blvd. and Locust St. with ingress/egress from both streets. Parcel 01 currently contains a single-family residence and garage. Parcel 02 is a vacant lot.

Primary Features

County: San Diego
Property Type: Commercial-Residential Income

Interior

Cooling: Central Forced Air Elec
Floor Covering: Vinyl
Heating: Central Forced Air Elec
Number of Baths (1): 1
Number of Bedrooms (1): 1
Number of Stories: 3
SqFt Source: Buyer to Verify, Tax Record
Stories: 3 Story
Unit Type: Apartment

External

Entry Only: Yes
Exterior: Fully Landscaped
Number of Buildings: 2
Number of Carports: 1
Number of Units: 18
Number of Units (1): 18
Number of Units w/Disposals: 18
Number of Units w/Garage: 17
Number of Units w/Ranges: 18
Number Units w/Dishwashers: 18

Location

Country: United States
Market Area: Coastal South
Zip/Area: POINT LOMA (92106)

Additional

Amenities: None
Class: COMMERCIAL-RES INCOME
Have: 18 units
Mandatory Remarks: None Known

Financial

Cap Rate Projected: 4.75
Price/Unit: 694444
Sale/Rent: For Sale
Sales Restrictions: Call Agent
Short Sale: no
Terms: Cash

Zoning Info


Area Info


This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Data updated on Thursday, June 30th, 2022 04:09:26 PM.
#IDX-detailsPropertyPhoto, #IDX-modernMain, #IDX-detailsHead, .IDX-detailsshowcaseSlides, #IDX-detailsHead, .IDX-detailsshowcaseSlides
Listing courtesy of Allison James Estates & Homes

Request More Information - Listing ID 220006942

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Data services provided by IDX Broker
{"page":"listing","idxID":"c010","listingID":"220006942","extra":"3046-Nimitz-Blvd-San-Diego-CA-92106","type":"moreinfo"}
https://www.century21award.com
details.php
https://search.century21award.com
details
http://century21award.idxbroker.com/idx/results/listings?pt=sfr