4388-4394 Delta St
San Diego, CA 92113
Price Reduced! 90s built/ Primarily 3br & 2br · Multifamily Property For Sale
·
31 Units
Investment Highlights
- Excellent Unit Mix of Primarily 3br and 2br Units
- Balcony on Select Units
- Low Vacancy Rental Market
- Strong Cash Flowing Property
- 1990's Construction
Property Facts
| No. Units | 31 | Lot Size | 0.78 AC |
| Property Type | Multifamily | Building Size | 28,500 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1990 |
| Building Class | C | ||
| Zoning | RM-2-5 - Residential | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 28,500 SF |
| No. Stories | 3 |
| Year Built | 1990 |
| Zoning | RM-2-5 - Residential |
Amenities
Unit Amenities
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
- Gated
About 4388-4394 DELTA ST , SAN DIEGO, CA 92113
PRICE REDUCTION! Cornerstone Investment Group of KW Commercial is pleased to present 4388 Delta Street, a large 31 unit (3 of 31 units are not permitted) apartment building located in San Diego. The subject property is built in 1990 and situated on a large 0.78 acre lot and is comprised of 14- 2br/1bt, 13- 3br/2bt, 2- 1br/1bt, 1- 3br/1bt and 1 studio apartment totaling approximately 23,930 square feet. In addition, there is on-site laundry facilities, undertuck parking spaces, and a dedicated office for on-site manager. The Delta Street Apartments are an opportunity for an owner to obtain a property with an excellent unit mix that cash flows strongly on current income. In addition, this property sits in a historically low vacancy area that is close to major freeways, transportation, employment, and is minutes from Downtown San Diego.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,495 | - |
| 2+1 | 14 | $1,581 | - |
| 3+2 | 13 | $1,875 | - |
| Studios | 1 | $1,095 | - |
| 3+1 | 1 | $1,895 | - |
Property Taxes
| Parcel Number | 551-380-12 | Improvements Assessment | $3,550,430 |
| Land Assessment | $3,918,350 | Total Assessment | $7,468,780 |
Property Taxes
