Listing ID: 200015416
Price: $5,100,000
Status: Pending
Address: 5021 Logan Avenue
City: San Diego
State: California
Postal Code: 92113
County: San Diego
San Diego
CA
92113
We are pleased to present the Solmelia Condominiums, a 1997 Built - gated community of (14) Three Bed / Two Bath condos and (7) Two Bed / Two bath condos and (18) Garages on a 26,531 SF lot with additional off-street parking. Current ownership is 95% of the HOA (21 out of 22 total units). All units are in great condition and tenants share pride of ownership. All units were built condo spec with forced AC/Heat, granite countertops, updated kitchens/baths from gut conversion in 2006. Pitched roofs, garages, new dual pane vinyl windows included. Located in an Opportunity Zone.

Primary Features

County: San Diego
Price Before Reduction: 5150000
Price Reduction Date: 2020-07-21T00:25:54+00:00
Property Sub Type: Commercial/Residential
Property Type: Commercial Sale
Zoning: RM

Interior

External

Number Of Buildings: 5
Phase: 21

Location

Country: US
MLS Area Major: 92113 - Logan Heights

Additional

Co List Agent State License: 01935689
Days On Market: 336
List Agent State License: 01959483
Number Of Units Total: 21
Parcel Number: 5520501022

Financial

Cap Rate: 5.25
Gross Scheduled Income: 433584
Operating Expense: 169640

Zoning Info


Area Info


© 2021. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Last updated Tuesday, October 19th, 2021.

Based on information from CARETS as of Tuesday, October 19th, 2021 04:58:57 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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Listing courtesy of Jeff Diller, DRE #01959483 from South Coast Commercial, Inc.
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Listing courtesy of Jeff Diller, DRE #01959483 from South Coast Commercial, Inc.

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