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Address
4459 Fanuel St San Diego, CA
Price
$ 7,995,000
Property Attributes
  • MLS#190056502
  • TypeIncome
  • CountySAN DIEGO
  • CitySan Diego
  • AreaCoastal South
  • NeighborhoodCoastal South
  • Zip92109
  • Style
  • Price$ 7,995,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size0.36 Acres
Listing Provided Courtesy Of:
Coldwell Banker Res Brokerage
Property Description

Rarely available RENOVATED 17 UNIT Apartment COMPLEX Situated IN THE HEART OF San Diego's Pacific Beach~ EACH UNIT IS A STUDIO APARTMENT LIVING~WELL MANICURED COURTYARD~9 OFF STREET PARKING + ONE SINGLE GARAGE~COMMUNITY LAUNDRY FACILITY~ What makes this investment property unique of its kind is that it is being leased out to a SINGLE tenant that runs a Rehabilitation Facility as its residential unit for its clients paying a NNN lease with 3% increase in rent each year, currently signed till April, 2023, with one more option to extend til 2026. Cap rate of 5.4% in this area is extremely rare.

Price History
10/14/2019 Listed $7,995,000

General Features

# Of Units (1) 17
Sale/rent For Sale
Stories 1 Story
Total Units 17
Unit Type Other/Remarks
Zoning Rm2-5

Interior Features

Baths in Unit 1 1
Bedrooms in Unit 1 1

Exterior Features

Exterior Fully Landscaped
Number of Buildings 1
Parking Other/Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92109

Price
AVG $3.4M
$8M
Visits
AVG 24
94
Walkscore
AVG 73
97
Data Provided by Walkscore ® not using MLS data

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