3691 National, Logan Heights, CA 92113

$4,750,000

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List Price
$4,750,000
Price Change
▼ $650,000 1783132855
Status
ACTIVE
MLS#
250042638SD
Lot Size
18,253
Acres
0.42
Days on Market
208
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

3691 National Ave is a 22 unit multifamily property located on the corner of National and 37th St in San Diego's "Southcrest" neighborhood. Unique for San Diego, the property was built in 1990. It was originally a 15 unit complex that now has had seven brand new ADU's, with certificate of occupancy available. Due to the vintage and current condition, electrical/insurance/plumbing should not be problematic for any new owner. With strong in place rent and fundamentals currently, 3691 National will have low maintenance costs for the foreseeable future. The unit mix consists of twenty-one 1 bed/1 bath units and one studio. Ideally located between I-5 & I-805, the gated complex features nine garages as well as additional 11 off-street parking spaces for the tenants to utilize along with laundry on site.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Exterior Construction
Stucco
Attached Structure
Detached
Number Of Units Total
22
Gross Scheduled Income
$448,200
Operating Expense
167176

Listing courtesy of Listing Agent: Brendan Flynn (flynn@scc1031.com) from Listing Office: South Coast Commercial, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.