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    3185 Madison Ave

    San Diego, CA 92116
    • $3,250,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: 200046808
    UPDATED: 27 min ago
    $3,250,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    We are proud to present this advantageously located and well cared for investment opportunity at 3185 Madison Avenue in the Normal Heights neighborhood of San Diego. The Subject Property is a two story, single structure apartment building, consisting of 16 studio units totaling 4800 livable SF. Many units have been upgraded and each studio has a true full-size separate kitchen from the main living area, with counter space, a 4-burner range, and full-sized fridge( NO kitchenettes here). Your future tenants here will enjoy the location, relative affordability, and extremely convenient one block walk to Adams Ave which hosts many trendy eateries, bars, shops, and services.... All Tenants paying rent on the 1st. Property is never vacant.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T14:31:18.693. 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 A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/110504228
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    3185 Madison Ave San Diego, CA 92116

    • Price: $3,250,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 200046808
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    Neighborhood:
    92116 - Normal Heights
    County:
    San Diego
    Area:
    92116 - Normal Heights
    Property Description
    We are proud to present this advantageously located and well cared for investment opportunity at 3185 Madison Avenue in the Normal Heights neighborhood of San Diego. The Subject Property is a two story, single structure apartment building, consisting of 16 studio units totaling 4800 livable SF. Many units have been upgraded and each studio has a true full-size separate kitchen from the main living area, with counter space, a 4-burner range, and full-sized fridge( NO kitchenettes here). Your future tenants here will enjoy the location, relative affordability, and extremely convenient one block walk to Adams Ave which hosts many trendy eateries, bars, shops, and services.... All Tenants paying rent on the 1st. Property is never vacant.
    Exterior Features

    Construction Materials Drywall WallsFrame Lot Size Units Square Feet

    Property Features

    Cap Rate 4.20 Country Us Gross Scheduled Income 227040.00 Operating Expense 71947.00 Other Income1 120.00 Property Sub Type Commercial/Residential Total Monthly Rent 18800

    Listing provided courtesy of Jeff Diller of South Coast Commercial, Inc. and Abe Peay of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T14:31:18.693. 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 A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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    A|G Amaya Group Real Estate
    27150 Eucalyptus Ave., Suite A
    Moreno Valley CA, 92555