Listing ID: 220019646SD
Price: $7,995,000
Status: Active
Address: 2104 Columbia
City: San Diego
State: California
Postal Code: 92101
County: San Diego
San Diego
CA
92101
Market rents achievable within first 6 months due to new age of building and supportable rent comps, contact agent for lender info. 2104 Columbia St is a class A, 2015 built apartment complex located in the heart of Little Italy. The unit mix consists of five 1 bed/1 bath units and five 2 bed/2 bath units. Each unit has 1 assigned space each, available through secured underground parking. Ten On Columbia offers four floorplans in total. These range in square footage from 605 (118 sq ft balcony with daybed), 768 (82 sq ft balcony), 1062-1085 (285 sq ft deck) to 1288 (234 sq ft over 1 balcony and 1 deck). Rent control cap AB 1482 does not apply to the subject property, offering an investor a 4% cap rate within first 6 months. Cooling: Central Forced Air Gas Exterior: ,

Primary Features

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

Interior

Heating: yes
Heating Type: Forced Air

External

Construction Materials: Stucco
Number Of Buildings: 1
Parking Total: 10
Phase: 10
Roof: Composition

Location

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

Additional

Days On Market: 119
List Agent State License: 01933302
List Office State License: 01846358
Number Of Units Total: 10
Parcel Number: 5331230400

Financial

Cap Rate: 4
Gross Scheduled Income: 471324
Net Operating Income: 215909
Operating Expense: 141795

Zoning Info


Area Info


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Based on information from CARETS as of Monday, January 30th, 2023 09:34:08 AM. 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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Listed by: Brendan Flynn, DRE #01933302 from South Coast Commercial, Inc. 619-226-6011

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