Listing ID: PTP2205723
Price: $13,995,000
Price/SqFt: $1,293.92
Status: Active
Address: 3126 Nimitz Boulevard
City: San Diego
State: California
Postal Code: 92106
SqFt: 10,816
County: San Diego
San Diego
CA
92106
Very rare find corner location 29,000 square foot six contiguous lots currently 16 units. Development opportunity of 60 units with current density bonuses in place. Also possible candidate for complete communities approval buyer would need to verify all of this during investigations. Currently 16 two bedroom units most rent for $1795 under market all occupied very easy to rent prime point Loma location two blocks from H & m LANDING with sport fishing yacht owners and recently new developments all over this area. One block to Grocery store and public transportation the future development is incredible in this pocket very hard to find 6 lots in this area.

Primary Features

County: San Diego
Price/SqFt: 1293.92
Property Sub Type: Multi Family
Property Type: Commercial Sale
Year Built: 1944
Zoning: RM37

Interior

Cooling: no
Heating: no
Stories Total: 2

External

Entry Level: 1
Fence: no
Lot Size Source: Assessor
Number Of Buildings: 5
Parking Total: 7263
Uncovered Spaces: 24
Water Source: Public

Location

MLS Area Major: 92106 - Point Loma
Street Number: 3140

Additional

Days On Market: 1
List Agent State License: 01072370
List Office State License: 01204280
Number Of Units Total: 16
Parcel Number: 5303650100
Year Built Source: Assessor

Financial

Current Financing: Conventional
Investment Property: yes
Net Operating Income: 218117
Operating Expense: 35919
Real Estate Tax Expense: 7239
Special Listing Conditions: Standard
Total Expenses: 35919
Trash Expense: 2935

Zoning Info


Area Info


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Based on information from CARETS as of Friday, September 30th, 2022 02:55:22 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 Agent: Ed Landsberg, DRE #01072370 from Willis Allen Real Estate 619-226-7800

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