4744 Hawley Blvd, Normal Heights, CA 92116

$4,100,000

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List Price
$4,100,000
Status
ACTIVE
MLS#
260014844SD
Days on Market
42
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Pleased to present 4744 Hawley Boulevard, a 13-unit multifamily investment opportunity located in the highly desirable Normal Heights submarket of San Diego. Built in 1969, the property features a well-balanced unit mix consisting of ten (10) two-bedroom/one-bath units and three (3) one-bedroom/one-bath units, appealing to a broad tenant base seeking larger floor plans in one of San Diego’s most walkable urban neighborhoods. There are Twenty total parking spaces: Four front tandem (2-car spaces), three double-car garages, one single-car garage, one off-street rear space, and one 4-car rear tandem space. The asset has benefited from substantial capital improvements designed to reduce deferred maintenance and enhance long-term ownership stability. Recent upgrades include electrical system improvements, plumbing enhancements, new exterior paint, extensive fascia and wood repairs, roof replacement, and completed SB721 inspections. These improvements significantly reduce near-term capital expenditure requirements while supporting continued operational performance.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
13
Gross Scheduled Income
$290,568
Operating Expense
122956

Listing courtesy of Listing Agent: Conor Brennan (Conor.Brennan@cbre.com) from Listing Office: Conor Brennan, Broker.

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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.