4461-79 Menlo Ave., San Diego, 92115

NEWCommercial - Com-Res Income For Sale

$10,750,000

Beds
Baths
Sqft
Built
1DOM
MLS® #: 200013236
ACTIVE, 1 Days on Market

We are pleased to present the opportunity to acquire 4461-4479 Menlo Avenue, a thirty-six unit multi-family community constructed in 1965 and extensively renovated in 2019. This fully stabilized offering is located in the highly desirable Talmadge neighborhood of mid-city San Diego, California. This offering boasts an 89% two-bedroom unit mix and is comprised of (22) Two Bedroom / One Bath, (10) Two Bedroom / Two Bath foor plans and (4) Studios. The thirty-six units are situated within three separate apartment buildings. Each of the three buildings is positioned on a separate and contiguous parcel with respective utility metering. Investors are provided the option of purchasing the three buildings together or they can be purchased individually. Acquiring the buildings together allows investors the distinct advantage of selling the buildings off separately to capitalize on a future partial sale strategy.

Essential Information

MLS® #: 200013236
Price: $10,750,000
Acres: 0.00
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 4461-79 Menlo Ave.
Area: SAN DIEGO (92115)
City: San Diego
County: San Diego
State: CA
Zip Code: 92115

Additional Information

Date Listed: March 17th, 2020
Days on Market: 1

Listing Details

Listing Office: Marcus & Millichap

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 April 9th, 2020 at 11:00pm 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 © 2020 San Diego MLS®, Inc.

Listing information last updated on April 9th, 2020 at 11:00pm PDT.