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    4388 Delta Street

    San Diego, CA 92113
    • $7,199,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 200050524
    UPDATED: 70 min ago
    $7,199,000
    • 0
      BEDS
    • 0.78
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Cash Flowing and Newer Construction. Large 31 unit (**3 of 31 units are not permitted**) apartment building located in San Diego. Seller is in process of adding additional legal unit (29 legal, 3 non-permitted) that will be a 3br/2bt. The subject property is built in 1990 and situated on a large 0.78 acre lot and is comprised of 16 2/1, 12 3/1, 2 1/1 and 1 studio apartment totaling approximately 23,930 square feet. In addition, there is on-site laundry facilities, undertuck parking spaces, and a dedicated office for on-site manager. The Delta Street Apartments are an opportunity for an owner to obtain a property with an excellent unit mix that cash flows strongly. In addition, this property sits in a historically low vacancy area that is close to major freeways, transportation, employment, and is minutes from Downtown San Diego.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T10:27:18.24. 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/111546309
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    4388 Delta Street San Diego, CA 92113

    • Price: $7,199,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 200050524
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.78
    Acres
    Neighborhood:
    92113 - Logan Heights
    County:
    San Diego
    Area:
    92113 - Logan Heights
    Property Description
    Cash Flowing and Newer Construction. Large 31 unit (**3 of 31 units are not permitted**) apartment building located in San Diego. Seller is in process of adding additional legal unit (29 legal, 3 non-permitted) that will be a 3br/2bt. The subject property is built in 1990 and situated on a large 0.78 acre lot and is comprised of 16 2/1, 12 3/1, 2 1/1 and 1 studio apartment totaling approximately 23,930 square feet. In addition, there is on-site laundry facilities, undertuck parking spaces, and a dedicated office for on-site manager. The Delta Street Apartments are an opportunity for an owner to obtain a property with an excellent unit mix that cash flows strongly. In addition, this property sits in a historically low vacancy area that is close to major freeways, transportation, employment, and is minutes from Downtown San Diego.
    Exterior Features

    Construction Materials Frame Lot Size Units Square Feet

    Property Features

    Cap Rate 5.77 Country Us Gross Scheduled Income 51179.00 Operating Expense 184312.00 Property Sub Type Commercial/Residential Total Monthly Rent 51179

    Listing provided courtesy of Jordan Concepcion of Keller Williams Carmel Valley


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T10:27:18.24. 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