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Browse More Listings in Multifamily For Sale, San Diego, CA or California

Multifamily Property For Sale

City Gardens Apartments

2545 A Street, San Diego, CA 92102

Price:
$3,450,000
No. Units:
30
Building Size:
18,040 SF
Price/Unit:
$115,000
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
5.86%
Gross Rent Multiplier:
10.52
No. Stories:
2
Lot Size:
41,996 SF
Find Out More...

Last Verified 11/20/2009 Listing ID 16428598

Description

The City Gardens Apartments is a 30 unit complex situated in Golden Hill. The complex offers 10 studios, 12 1 bedroom / 1 bath units and 8 2 bedroom / 1 bath units. The property features on-site laundry along with plenty of street parking available.

The City Gardens Apartments are located in the Golden Hill neighborhood of San Diego. Golden Hill is known for its quaint Victorian homes and amazing views of downtown and the harbor. This diverse community is located just minutes away from downtown, Petco Park, Balboa Park and the San Diego Convention Center. Golden Hill's boundaries are: Juniper Street on the north, Interstate 5 on the West, 34th Street on the east and Martin Luther King Jr. Freeway (Route 94) on the South.

Financial Summary

Actual
Net Operating Income
$202,170

Map of 2545 A Street, San Diego, CA 92102 (San Diego County)

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Presented by

Capital Real Estate Investments

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Contact Listing Broker

Bryan Spencer (858) 200-9417

Justin Earley (858) 200-9402

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Created 10/12/2009

Additional Information for 2545 A Street, San Diego, CA 92102

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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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.

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Multifamily Property For Sale - City Gardens Apartments

2545 A Street, San Diego, CA, 92102