2635-2639 Magnolia Ave | San Diego, CA 92109
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- LoopNet Team
2635-2639 Magnolia Ave
San Diego, CA 92109
Magnolia Avenue · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Rarely Trading Pacific Beach Location On Cul-De-Sac Blocks From Beach
- Full Property Remodel With New Kitchens, Baths, Floors, Appliances
- No Owner Utilities; City Trash & Tenants Pay RUBS For Water & Sewer
- Great Mix Of Four 2-Bedroom Units & A Single Studio Unit
- Major Plumbing Improvements, In-Unit Laundry & High-End Exterior Upgrades
- Four Tandem Off-Street Parking Spaces (8 Spaces Total)
PROPERTY FACTS
| No. Units | 5 | Building Size | 3,525 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2024 |
| Building Class | C | Parking Ratio | 1.13/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | RM-3-8 - Multi-Family 10 units or less | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,525 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2024 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | RM-3-8 - Multi-Family 10 units or less |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $2,050 | 350 |
| 2+1 | 4 | $3,111 | 850 |
PROPERTY TAXES
| Parcel Number | 424-111-05 | Improvements Assessment | $376,832 |
| Land Assessment | $1,313,942 | Total Assessment | $1,690,774 |
PROPERTY TAXES
Parcel Number
424-111-05
Land Assessment
$1,313,942
Improvements Assessment
$376,832
Total Assessment
$1,690,774
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