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Jim, Justin and Vickie, Sales Associate
SOLD
$8,700,000
Date 08/28/2023

4088 Crown Point Drive
San Diego, CA 92109

Mixed Use, Business Opportunities
Residence
0.2247
Lot Size
Listing Agent: Thomas McCartin CalDRE: 01427348 - Marcus & Millichap

Description for 4088 Crown Point Drive San Diego, CA 92109

Rare Opportunity to acquire 20 Bay Front Apartment Units in the Crown Point section of Pacific Beach! Long Term Ownership has done an exceptional job in maintaining and improving the building over the years. Many recent Capital Improvements should ensure a property with little to no deferred maintenance. Great unit mix of mostly 2BR/2Bath units. Plenty of off-street parking spaces. Immediate Upside in income (Low Rents, Currently no Utility Reimbursement Program in Place, Tenants not paying for parking, etc.). Long term tenants. New Windows & Sliders, New Roof 2022, Multiple Units upgraded with new flooring, appliances, cabinets, etc. Seller may consider Financing a 1st or 2nd Note.

Property Details

230002968SD
Mixed Use, Business Opportunities, Other
San Diego
0.2247 Acres
Block,Stucco
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Listing Agent: Thomas McCartin CalDRE: 01427348 - Marcus & Millichap
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Jim, Justin and Vickie Dean Stalter, Broker DRE# 00625377 - 30221 Golden Lantern Ste. A-B, Laguna Niguel, CA 92677 | Phone: (949) 464-8136 | Email: [email protected]

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