Listing provided courtesy of James Carter of Apartment Realty Group (ARG). Last updated 2024-08-14 09:21:30.000000. Listing information © 2024 Sandicor.
Asking Price: $7,500,000 | Active
4445 Fanuel St, San Diego CA 92109
Community: Coastal South
This Com-Res Income property was built in and is priced at $7,500,000. Please see the additional details below.
16-unit complex in Pacific Beach located just a few blocks from the beach and bay. The subject property is located on a 12,438sf lot consisting of (4) 2Bedroom/2Bathroom, (4) 2Bedroom/1Bathroom and (8) 1Bedroom/1Bathroom The property has onsite laundry room & separate managers office. Extremely well-maintained by the current ownership and offers a new buyer substantial upside with over 40% upside in rents (ProForma Cap Rate 5.85%). ***There's an optional assumable loan of 3.50% fixed for 3 1/2 more years (loan balance of ~ $1.4M w/ CHASE Bank). Contact Listing Agent to discuss further***
