Listed by Dylan Wright, Acre Investment Real Estate,

4444 49th Street

San Diego, CA, 92115

$2,300,000

$2,300,000
Active
Active
 - For Sale
property_type
Commercial
Seller will Carry Short Term 1st TD w/30% Down. The Paloma Palms is an 8 unit apartment community located in the up and coming Talmadge submarket of San Diego. Situated on a 5,747 square foot parcel the property consists of eight 527 square foot 1 Bed/1 Bath units. The subject property has eight on site parking spots and an on site laundry facility. The property has been well kept over the years but an opportunity exists to remodel the units and substantially increase rents. Plans have been submitted to the City of San Diego to construct an 800 square foot 2 bed/2bath ADU & carport in the rear of the property. Anticipated approval is in approximately 1 week giving a new owner the opportunity to add an additional income stream to the property.
MLS® ID:
220008726SD
Listed:
4/12/22
Updated:
8/12/22

Exterior/Building Features

Lot Size
5,747 ft² lot

Other Property Details

Area Name
92115 - San Diego
Garage
No
Parking
N
Parking Total
8.0
View
N
County
San Diego
Pool
No

Property History

Date
Event
Price
Value
5/19/22
Price Change
$2,300,000
-11%

 

Listed by Dylan Wright, Acre Investment Real Estate,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/12/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 6:42 PM UTC, 8/12/22

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