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3909-3911 Florida St
San Diego, CA 92104
Multifamily Property For Sale · 14 Units

PROPERTY FACTS

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 7,832 SF
No. Stories 2
Year Built 1990
Parking Ratio 1.07/1,000 SF
Zoning CN-1-5

AMENITIES

UNIT AMENITIES

  • Balcony

SITE AMENITIES

  • Laundry Facilities

ABOUT 3909-3911 FLORIDA ST , SAN DIEGO, CA 92104

Marcus and Millichap is pleased to present our newest exclusive listing, Villa Florida Apartments, a 14 unit value add apartment building conveniently located between the trendy communities of Hillcrest and North Park. Constructed in 1990, the subject property rests on a 7,467 sq ft lot with 8,240 in rentable sq ft. Villa Florida possesses a highly desirable unit mix of (14) spacious 1 bdrm / 1 bath units and each unit features a private balcony or patio. The property has parking for each unit within a gated covered garage as well as in front of the building. Other attractive tenant offerings include on-site laundry and a quaint private courtyard. Overall, the property has been well maintained and a new roof was put in around 2011. Tucked away on a quiet block but close enough to all the action, this complex is just steps from University Ave and walking distance to the renowned Balboa Park. This sale lends investors the opportunity to acquire a value add asset in two of San Diego's most coveted residential rental markets.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 14 $1,328 550 - 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
445-672-13
Land Assessment
$1,913,879
Improvements Assessment
$1,552,976
Total Assessment
$3,466,855
  • Listing ID: 14637250

  • Date on Market: 12/14/2018

  • Last Updated:

  • Address: 3909-3911 Florida St, San Diego, CA 92104

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