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3470 Monroe Ave
San Diego, CA 92116
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 5,558 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | RS-1-7 - Multi Family Dwelling | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,558 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | RS-1-7 - Multi Family Dwelling |
ABOUT 3470 MONROE AVE , SAN DIEGO, CA 92116
Marcus and Millichap is pleased to present for sale an eight unit apartment building located in the heart of the Normal Heights Neighborhood. This two story apartment building was originally built in 1970 and has undergone many renovations within the last 24 months. The building is comprised of 1 two-bedroom/one and one half bathroom unit, 2 two-bedroom/one-bathroom units and 5 one-bedroom/one-bathroom units. 5 of the 8 units have been fully renovated with little work to be completed with the last three units. Renovations include quartz counter tops, new kitchens and bathrooms, luxury vinyl tile flooring and more. All units currently have new stainless steel kitchen appliances and double pane vinyl windows. Several of the units also feature patios or balconies with access from sliding double doors. The property is complete with 2 double car garages, 4 off street parking spaces and an on-site laundry facility with 2 leased washers and dryers. This property lends investors the rare opportunity to acquire a newly renovated property situated in the highly desirable neighborhood of Normal Heights. Being within walking distance to Adams Avenue shops and entertainment, this property is centrally located with the investor's longevity in mind.
PROPERTY TAXES
| Parcel Number | 447-020-18 | Improvements Assessment | $1,249,379 |
| Land Assessment | $870,102 | Total Assessment | $2,119,481 |
PROPERTY TAXES
