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$ 3,495,000
Est. payment | /mo
5,514 Sqft Lot
$ 3,495,000
Est. payment | /mo
5,514 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260012540SD
HOA Y/N No
Lot Size 5,514 Sqft
Property Sub-Type Mixed Use
Property Description
It is a privilege to present for sale 4073 Gresham Street, San Diego, CA 92109, an extremely well-located and highly modernized Five (5) unit apartment property in Pacific Beach, ±1.5 blocks from Sail Bay and Fanuel Park, ±7 blocks from the beach, and within walking distance to a wide array of dining, nightlife, recreation and shopping options. Comprised of: two (2) one-bedroom/one-bathroom units (±685 SF each); and three (3) two-bedroom/one-and-a-half-bathroom townhome units (±1,050 SF each), all units have been upgraded to a high level, thus feature custom cabinetry, granite countertops, recessed lighting, vinyl plank flooring, stainless steel appliances, dishwashers, in-unit washer/dryers, dual-pane vinyl windows and sliders, newer front doors, among other improvements. Four of the units have private/enclosed back patios, and common area amenities at the Property include: five (5) tandem surface off-street parking spaces in front (for 10 total spaces!); a generous gated outdoor storage area at the rear of the property; gated front entry with dial pad access; and a beautifully landscaped courtyard featuring birds of paradise. 4073 Gresham Street has ±4,528 SF of rentable building area (RBA) across all (5) units, which are housed within a single two-story building, built of wood frame construction upon a concrete on grade foundation, with a flat roof that features a shake shingle mansard. Constructed in ±1969 on a ±5,514 SF lot, units are separately metered for electricity, and the Property is master-metered for gas, as well as water/sewer. In addition to being a favorite for long-term rentals, with its spacious modernized units, 4073 Gresham Street would also do well with short-term or mid-term rentals. This highly coveted part of Pacific Beach, in Crown Point adjacent to Sail Bay, boasts easy access to its miles long boardwalk, an abundance of water sports, volleyball, The Catamaran, beaches, Santa Clara Point and the Mission Bay Aquatic Center, among others, ripe for continued appreciation. The property benefits from low cost city waste services and minimal landscape maintenance.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Shake,Tar/Gravel
Total Parking Spaces 5
Others
Tax ID 4233823900
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Listed by Joseph Burrough Palma Commercial #02014504
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