Listing ID: 220017945SD
Price: $9,950,000
Status: Active
Address: 942 Beech Street
City: San Diego
State: California
Postal Code: 92101
County: San Diego
San Diego
CA
92101
We are proud to exclusively present the sale of 942 Beech Street, a 31-unit apartment building located in the Cortez Hill neighborhood of Downtown San Diego. The property comprises thirty (30) studio apartments and one (1) 2BR/1BA. There are four resident parking spaces available in a basement garage, as well as a coin laundry facility on site. Constructed in 1935, the building has retained much of its original character throughout but the units and all common areas have been beautifully updated. These spacious and ideally located apartment homes easily attract affluent and professional tenants who desire to live in the heart of the city without compromising on quality. Additionally, 28 of the units have been renovated with new kitchens, flooring, ceiling fans, and custom paint.

Primary Features

County: San Diego
Property Sub Type: Commercial/Residential
Property Type: Commercial Sale

Interior

External

Number Of Buildings: 1
Parking Total: 4

Location

Country: US
MLS Area Major: 92101 - San Diego Downtown

Additional

Days On Market: 9
List Agent State License: 01318320
List Office State License: 00530854
Number Of Units Total: 31
Parcel Number: 5340230700

Financial

Cap Rate: 3.68
Gross Scheduled Income: 608456
Operating Expense: 242454
Other Income 1: 25292

Zoning Info


Area Info


© 2022. 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 Sunday, August 7th, 2022.

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Listing Agent: Aaron Bove, DRE #01318320 from Marcus & Millichap 858-373-3100
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Listing Agent: Aaron Bove, DRE #01318320 from Marcus & Millichap 858-373-3100
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Listing Agent: Aaron Bove, DRE #01318320 from Marcus & Millichap 858-373-3100

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