This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.
Browse More Listings in Multifamily For Sale, San Diego, CA or California
Fifth & Olive
2800-2808 Fifth Avenue / 430-468 Olive, San Diego, CA 92103
Prestigious Bankers Hill Investment Property
N/A
11
6,741 SF
Multifamily
Garden/Low-Rise
Investment
2.5%
5%
100%
2
1940
5,000 SF
452.665.06.00
-
Last Verified 10/12/2009
Listing ID 15270215
Highlights
Trophy Investment Property / Prestigious Bankers Hill Location- Tremendous Potential for Upside in Rents / Existing Rents are Below Market
- Early Termination Clause in Existing Leases / Potential to Renegotiate with Existing Tenants - Great for Owner/User
Description
Fifth & Olive is an immaculate, pride of ownership, mixed-use property of distinction located in the prestigious, historic neighborhood of Bankers Hill. Excellent unit mix consisting of 4 residential units, 3 flexible commercial office suites, and 4 outstanding street retail spaces. A prime location and key walking neighborhood complete with a wealth of acclaimed restaurants, trendy boutiques, professional services and other life-style focused businesses. Residential units were completely refurbished a few short years ago; all have modern kitchens, in-unit laundry, hardwood floors, and excellent floorplans. The upstairs commercial suites are highly sought after by smaller, professional users. Long-term tenants; retail leases expire end of 2008 and February 2010. There is substantial upside rent potential. Excellent property for an owner/user/investor to consider. Property will be shown with accepted offer only. BROKERS OPEN 6/26 BETWEEN 9:30 & 1:00.
Bankers Hill, corner of Fifth Avenue and Olive Street - one block to famed Balboa Park, minutes to downtown, the San Diego Harbor and International Airport.
Map of 2800-2808 Fifth Avenue / 430-468 Olive, San Diego, CA 92103 (San Diego County)
Created 8/2/2007
Additional Information for 2800 5th Avenue, San Diego, CA 92103
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO