865 21st St, San Diego, 92102

NEWCommercial - Com-Res Income For Sale

$2,975,000

Beds
Baths
Sqft
.12Acres
Built
1DOM
MLS® #: 210006657
ACTIVE, 1 Days on Market

CURRENT 6 CAP! pleased to present 865 21st St for sale - a turn key, minimal-landlord-responsibility - property perched on Golden Hill overlooking downtown San Diego. Beautifully remodeled 8 Unit property overlooking Downtown and the Coronado bridge and just 7 minutes by car to the San Diego International Airport. new roof, modern kitchens/cabinets, refinished hardwood floors, upgraded elec and pluming, etc.. Property is currently master-leased to a single tenant that operates the building as a short-term rental. Tenant/operator controls over 100 units between San Diego, Los Angeles, and Miami. Current lease is for a total of $18,428/ month or $2,266 per unit plus $300 for storage and extends through 11/30/23 with 3% yearly increases. Tenant pays all utilities and management fees. Landlord is responsible for landscaping, building maintenance, taxes and insurance. Add value by converting the existing storage space into Additional Dwelling Units. Appraised for $3M in 2020

Essential Information

MLS® #: 210006657
Price: $2,975,000
Acres: 0.12
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 865 21st St
Area: SAN DIEGO (92102)
City: San Diego
County: San Diego
State: CA
Zip Code: 92102

Amenities

Amenities: None
Parking: Spaces

Interior

Heating: Radiant
Cooling: Wall/Window
# of Stories: 2
Stories: 2 Story

Exterior

Exterior: Metal Fence, Shutters, Wood Fence
Roof: Rock/Gravel, Tar & Gravel
Construction: Frame, Stucco

Additional Information

Date Listed: March 15th, 2021
Days on Market: 1
Zoning: R-4:MULTIP

Listing Details

Listing Office: South Coast Commercial, Inc.

Properties for Sale Similar to 865 21st St, San Diego, CA

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 © 2021 San Diego MLS®, Inc.

Listing information last updated on April 23rd, 2021 at 11:08am 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 © 2021 San Diego MLS®, Inc.

Listing information last updated on March 25th, 2021 at 9:34am PDT.