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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Data last updated 1:46 AM UTC, 2/10/2024