750 Whiting Court, San Diego, 92109

Commercial - Com-Res Income For Sale

$5,600,000

Beds
Baths
Sqft
.14Acres
Built
10DOM
MLS® #: 190031388
ACTIVE, 10 Days on Market

Located in the ultra desirable North Mission Beach neighborhood and half a block to the Pacific Ocean this property presents an extremely rare investment opportunity. The property consists of 14 spacious units consisting of six (6) 2 bedroom / 1 bathroom apartments, three (3) 1 bedroom / 1 bathroom apartments and five (5) studio apartments. Unlike the majority of housing in the area the Whiting Court Apartments contain eight (8) legal off street parking spaces as well as five (5) single car garages (there are three additional off street parking spaces but are assumed tobe nonconforming). In the past year, all windows throughout the property have been replaced with dual pane vinyl retrofits, much of the wood framing throughout was replaced and the entire exterior was restucco'd. Most units are currently on MTM lease agreements which allows the flexibility of a new owner to increase rents to market. THERE IS UPWARDS OF 35% OF RENTAL UPSIDE ON THIS PROJECT.

Essential Information

MLS® #: 190031388
Price: $5,600,000
Acres: 0.14
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 750 Whiting Court
Area: PACIFIC BEACH (92109)
City: San Diego
County: San Diego
State: CA
Zip Code: 92109

Amenities

Amenities: Other/Remarks
Parking Spaces: 13

Interior

# of Stories: 3

Additional Information

Date Listed: June 7th, 2019
Days on Market: 10

Listing Details

Listing Office: The Browar Group

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®, Inc.

Listing information last updated on June 17th, 2019 at 7:46am PDT.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®, Inc.

Listing information last updated on June 17th, 2019 at 7:46am PDT.