Listing ID: 220022778SD
Price: $4,700,000
Status: Pending
Address: 8453 Dr
City: San Diego
State: California
Postal Code: 92114
County: San Diego
San Diego
CA
92114
8453 Carlisle Dr is a 24-unit apartment community located in the Jamacha-Lomita submarket of San Diego. It is the perfect opportunity for value-add investors looking to break into this market. This property has a growing demand for rental units given its proximity to the 125 freeway, local restaurants, shopping markets, and a newly constructed shopping center. The two adjacent buildings have been very well maintained throughout the years while offering value-add investors a high upside given the opportunity to renovate outdated units. There is a large, empty storage structure in the back that can be converted into an additional unit for more income! This gated-access property consists of twenty-four 1Bd/1Ba units, a communal courtyard with artificial turf, two sets of washers and dryers, ample parking for tenants, and an on-site property manager.

Primary Features

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

Interior

Cooling: yes

External

Construction Materials: Stucco
Number Of Buildings: 2
Parking Total: 14
Roof: Composition

Location

Country: US
MLS Area Major: 92114 - Encanto

Additional

Days On Market: 12
List Agent State License: 02068011
List Office State License: 02168226
Number Of Units Total: 24
Parcel Number: 5773701700

Financial

Gross Scheduled Income: 224928
Insurance Expense: 4347
Net Operating Income: 97077
Operating Expense: 121103
Total Expenses: 121103
Trash Expense: 7356
Water Sewer Expense: 19468

Zoning Info


Area Info


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Listed by: Jason Lee, DRE #02068011 from JLM Real Estate Inc.

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