Sold

715 Cohasset Court

Pacific Beach CA, 92109

$7,257,500


$1,039.76 per sqft

Sold

6,980 sqft

Commercial

A++ LOCATION | 4% CAP RATE ON CURRENT & 4.3% CAP RATE ON TURNOVER! 715 Cohasset Court is a top quality coastal San Diego apartment property located in the A+ area of South Mission Beach, 100 steps to the boardwalk and Beach. This completely renovated 16 unit asset is fully stabilized with UPSIDE POTENTIAL. The immediate area has an average Household income of $127k/year and an average detached home sale price of $1.6MM ($1.45MM for attached condos). Interior renovations include quartz counter tops in kitchens and baths, white shaker cabinets in kitchen and baths, luxury vinyl plank flooring throughout, in-unit stackable washer/dryers, upscale front doors with key-less entries, modern paint, baseboards, molding and more. The exterior renovations include a new roof (with 10 year warranty), vinyl windows, stucco patch and repair, new paint (including front mural), new address sign, redesigned front elevation with landscaping, new code security gates, BBQ/lounge area and more. The property also includes a rooftop deck with 360 views of the Pacific Ocean and Sail Bay. This highly desirable property and location attracts an upscale resident with substantial income and credit rating. The property offers an opportunity for the long term investor to own a rarely offered, highly upgraded property in one of San Diego's top beach locations. Contact Brokers for full Offering Memorandum.

210028605

MLS ID

September 17, 2021

Listed

February 10, 2024

Updated

Map

715 Cohasset Court
Pacific Beach CA, 92109

Other Property Details

Area Name

Coastal South


Days on Market

89


Garage

No


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

1.5%

Listed by Colliers International, Corey McHenry,
Listing Contact: 858-455-1515 

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