Address
4024 32nd St San Diego, CA
Price
$ 5,700,000
Property Attributes
- MLS#210007491
- TypeIncome
- CountySAN DIEGO
- CitySan Diego
- AreaMetro Uptown
- NeighborhoodMetro Uptown
- Zip92104
- Style
- Price$ 5,700,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage13999
- Lot Size10,454 SqFt
Listing Provided Courtesy Of:
Marcus & Millichap
Data Source:
San Diego MLS
Property Description
Pleased to present for sale a 26-unit value-add senior housing community in the North Park neighborhood of San Diego. Constructed in 1985, this property rests on a 10,500 SF lot and offers approximately 14,000 of rentable SF. 4024 32nd St is comprised of (8) two-bedroom/1-bathroom units, (17) one-bedroom/one-bathroom units, and (1) studio/one-bathroom unit. The complex offers investors the rare opportunity for significant rental upside through interior and exterior renovations. Tenants enjoy access to 12 off-street parking spaces + 1 loading space, designated handicap street parking, a clubroom, and a communal laundry room. The complex is wheel-chair accessible and has an elevator. A conditional use permit for the senior citizen housing project states one resident from each unit must be age 55+ to live in the complex. The permit does not expire unless approved by the planning commission.
| Price History | |
|---|---|
| 3/24/2021 | Listed $5,700,000 |
General Features
| # Of Units (1) | 8 |
|---|---|
| # Of Units (2) | 17 |
| # Of Units (3) | 1 |
| Construction | Stucco |
| Laundry Y/N | Leased |
| Parking | Spaces |
| Sale/rent | For Sale |
| Stories | 3 Story |
| Terms | Cash, Cash to New Loan |
| Total Units | 26 |
Interior Features
| Baths in Unit 1 | 1.0 |
|---|---|
| Baths in Unit 2 | 1.0 |
| Baths in Unit 3 | 1.0 |
| Bedrooms in Unit 1 | 2 |
| Bedrooms in Unit 2 | 1 |
| Unit Furnished (1) | n |
| Unit Furnished (3) | n |
Exterior Features
| Number of Buildings | 1 |
|---|---|
| Total Parking | 12 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- 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 92104
Price
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