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    1130-34 11th

    San Diego, CA 92101
    • $7,599,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: PTP2001066
    UPDATED: 29 min ago
    $7,599,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,274
      SQFT
    • $918
      $/SQFT
    Type:
    Commercial
    Built:
    1941
    County:

    School Ratings & Info

    Description

    The 11th Avenue Apartment Homes are comprised of (22) studio units and (3) 1bedroom+1bath units situated on a roughly 7,556 sqft lot with commercial zoning. The property has been recently upgraded with interior renovations. The property currently has a historical designation which the owner is working to remove. Situated in Downtown San Diego, the property is well-poised for long-term appreciation in one of San Diego's most desirable, urban multifamily markets. Located only minutes from the airport, San Diego's thriving urban center offers an abundance of options for accommodations, activities, dining and cultural attractions, all easily accessible by foot, bike, car or public transportation. In the historic Gaslamp Quarter, where modern architecture and Victorian- Age buildings stand side-by-side, you'll discover eclectic galleries, chic boutiques, trendy nightclubs, rooftop bars, gastropubs, craft beer haunts and fine dining restaurants lining the streets.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T11:25:54.33. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/111436045
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    1130-34 11th San Diego, CA 92101

    • Price: $7,599,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: PTP2001066
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    8,274
    SQFT
    $918
    $/SQFT
    1941
    Built
    Neighborhood:
    92101 - San Diego Downtown
    County:
    San Diego
    Area:
    92101 - San Diego Downtown
    Property Description
    The 11th Avenue Apartment Homes are comprised of (22) studio units and (3) 1bedroom+1bath units situated on a roughly 7,556 sqft lot with commercial zoning. The property has been recently upgraded with interior renovations. The property currently has a historical designation which the owner is working to remove. Situated in Downtown San Diego, the property is well-poised for long-term appreciation in one of San Diego's most desirable, urban multifamily markets. Located only minutes from the airport, San Diego's thriving urban center offers an abundance of options for accommodations, activities, dining and cultural attractions, all easily accessible by foot, bike, car or public transportation. In the historic Gaslamp Quarter, where modern architecture and Victorian- Age buildings stand side-by-side, you'll discover eclectic galleries, chic boutiques, trendy nightclubs, rooftop bars, gastropubs, craft beer haunts and fine dining restaurants lining the streets.
    Exterior Features

    Lot Features 21-25 Units/AcreLot 6500-9999Near Public Transit

    Property Features

    Additional Parcels Description The 11th Avenue Apartment Homes Are Comprised Of (22) Studio Units And (3) 1Bedroom+1Bath Units Situated On A Roughly 7556 Sqft Lot With Commercial Zoning. The Property Has Been Recently Upgraded With interior Renovations. Advertising Expense 0.00 Cap Rate 3.19 Gross Scheduled Income 405000.00 Insurance Expense 4095.00 Investment Property YN Yes Net Operating Income 242556.00 Operating Expense 163000.00 Property Sub Type Multi Family Real Estate Tax Expense 93868.00 Special Listing Conditions Standard Total Expenses 163000.00 Total Monthly Rent 33708 Trash Expense 0.00 Water Source Public Zoning Ccpd-R

    Listing provided courtesy of Michael Mignosa of Top Gun Cre


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T11:25:54.33. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731