Listing ID: 210023165
Price: $6,000,000
Status: Active
Address: 4514 Bancroft St
City: San Diego
State: California
Postal Code: 92116
County: San Diego
San Diego
CA
92116
Rare opportunity to acquire a fully leased, 18-unit property on a very large lot in coveted Normal Heights one of San Diego’s best rental markets. This property is an outstanding investment opportunity. Additionally, this is an extremely large lot for neighborhood, which makes this rare find for a developer. Plenty of parking. Current rents below market. One unit is discounted for the onsite manager. Immediate potential for increased GSI. Do not disturb the occupants. Shown with accepted offer.

Primary Features

County: San Diego
Property Sub Type: Commercial/Residential
Property Type: Commercial Sale
Zoning: RM-1-2

Interior

External

Number Of Buildings: 1
Phase: 18

Location

Country: US
MLS Area Major: 92116 - Normal Heights

Additional

Days On Market: 21
List Agent State License: 02071475
Number Of Units Total: 18
Parcel Number: 4475112900

Financial

Cap Rate: 3
Gross Scheduled Income: 257040
Insurance Expense: 4417
Operating Expense: 77112

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 James Lee, DRE #02071475 from Andy Hsu & Associates
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Listing courtesy of James Lee, DRE #02071475 from Andy Hsu & Associates

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