3185 Madison Ave., San Diego, 92116

Commercial - Com-Res Income For Sale

$3,500,000

Beds
Baths
Sqft
Built
61DOM
MLS® #: 190062298
ACTIVE, 61 Days on Market

We are pleased to present for sale 3185 Madison Ave in the Normal Heights neighborhood of San Diego, CA. The 16-unit property is comprised of a 2-story wood frame building with a concrete slab foundation. The unit mix consists of sixteen (16) studio apartments. Normal Heights is a highly desirable neighborhood located between Interstates 805 and 15 bordered by Mission Valley to the North and El Cajon Boulevard to the South. With an array of local eateries, bars, and unique thrift stores, this neighborhood has been seeing rapid growth over the past year and is becoming one of the most coveted locations for renters. This building lends investors the opportunity to acquire a true value add opportunity in one of San Diego's most desired rental markets. Offered free-and-clear of debt, allowing investors the opportunity to take advantage of today's historically low interest rates.

Essential Information

MLS® #: 190062298
Price: $3,500,000
Acres: 0.00
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 3185 Madison Ave.
Area: NORMAL HEIGHTS (92116)
City: San Diego
County: San Diego
State: CA
Zip Code: 92116

Additional Information

Date Listed: November 20th, 2019
Days on Market: 61

Listing Details

Listing Office: Marcus & Millichap

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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 © 2020 San Diego MLS®, Inc.

Listing information last updated on January 21st, 2020 at 1:04am PST.

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 © 2020 San Diego MLS®, Inc.

Listing information last updated on January 21st, 2020 at 1:04am PST.