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Monticello Apartments 3020 6th Ave 12 Unit Apartment Building $4,395,000 ($366,250/Unit) San Diego, CA 92103
INVESTMENT HIGHLIGHTS
- IMMEDIATE RENTAL UPSIDE!
- Spacious One-Bedroom and Two-Bedroom Flats
- Proximity to Balboa Park, Little Italy, and Downtown San Diego
- Perfectly Located with Exceptional Colonial Architecture
- Walking distance from top ranked restaurants, eclectic shops, trendy cafes, schools, Balboa Park, and entertainment
- Major employment hub with convenient access to Highway 163 and Interstates 5
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale Monticello Apartments, a 12-unit residential community ideally located adjacent to Balboa Park in the heart of the premier urban infill community of Hillcrest in central San Diego. The property features secured access gated entry to a center courtyard with lush landscaping creating the ideal living environment. The traditional colonial architecture consists of 10 spacious onebedroom and 2 two-bedroom flats. Other amenities include private laundry facility and expansive outdoor living area. The property is well maintained offering a new owner substantial rental upside.
PROPERTY FACTS
| Price | $4,395,000 | Apartment Style | Low-Rise |
| Price Per Unit | $366,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 12 | Building Size | 7,298 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1956 |
| Zoning | MR4, San Diego | ||
| Price | $4,395,000 |
| Price Per Unit | $366,250 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,298 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Zoning | MR4, San Diego |
AMENITIES
UNIT AMENITIES
- Balcony
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $2,345 | 550 |
| 2+1 | 2 | $2,845 | 850 |
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Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 452-624-07 | Improvements Assessment | $915,920 |
| Land Assessment | $1,625,028 | Total Assessment | $2,540,948 |
PROPERTY TAXES
Parcel Number
452-624-07
Land Assessment
$1,625,028
Improvements Assessment
$915,920
Total Assessment
$2,540,948
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Monticello Apartments | 3020 6th Ave
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