Sold
3845-59 50th Street
East San Diego CA, 92105
$5,300,000
$250.76 per sqft
Sold
3 Beds
21,136 sqft
Commercial
The 50th Street Villas is a 22 unit apartment community located in the City Heights submarket of San Diego. Situated over three separate buildings on a 24,829 square foot parcel the property consists of twenty two 3 Bed/2 Bath units. The subject property has twenty eight on site parking spots, four garages, and an on site laundry facility with owned machines. The property has been well kept over the years but an opportunity exists to remodel the units and substantially increase rents. The property is located approximately 7 miles from Downtown San Diego and is close proximity to the 15 and 8 freeways providing residents easy access to employments centers, shopping, dining, and entertainment. Additionally, the property is approximately 3.5 miles from San Diego State University. The 50th Street Villas is a fantastic opportunity for an investor looking for a value add opportunity with solid rent growth moving forward.
210027260
MLSⓇ ID
September 24, 2021
Listed
February 10, 2024
Updated
Map
3845-59 50th Street
East San Diego CA, 92105
Interior Features
Total Stories
2
Bedrooms
3 Beds
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Other Property Details
Area Name
Metro Uptown
Taxes
$66,074
Tax Frequency
Annually
Days on Market
24
Garage
No
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
1%
Listed by Acre Investment Real Estate, Dylan E Wright,
Listing Contact: 619-255-3233
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
© 2024 San Diego Multiple Listing Service. All rights reserved.
Data last updated 1:50 AM UTC, 2/10/2024
