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Investment Highlights
- Bullseye Pacific Beach Location
- Central to San diego's Key Employment Hubs
- Outstanding Neighborhood Demographics
- Rare Master Net Leased Asset
Executive Summary
Berkadia is pleased to present the opportunity to acquire 4459 Fanuel Street, a master leased, turnkey, 17-unit asset in the heart of Pacific Beach, one of San Diego’s most dynamic coastal rental markets. Just blocks from the beach, bay and vibrant neighborhood amenities, the property offers an irreplaceable location that consistently attracts strong, lifestyle-driven demand. 4459 Fanuel Street’s central location puts residents in close proximity with some of San Diego’s best lifestyle amenities and destinations outside of Pacific Beach. The property is master leased by Solara Mental Health to provide an on-site care facility to their clients, as their office and treatment center is located just around the corner on Garnet Avenue.
Property Facts
| Sale Type | Investment | Lot Size | 0.42 AC |
| No. Units | 17 | Building Size | 6,608 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1947/2016 |
| Building Class | C | Parking Ratio | 0.59/1,000 SF |
| Zoning | RM-2-5 | ||
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 6,608 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1947/2016 |
| Parking Ratio | 0.59/1,000 SF |
| Zoning | RM-2-5 |
Amenities
Unit Amenities
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Yard
- Double Pane Windows
- Garden
- Lawn
- Vinyl Flooring
- Window Coverings
Site Amenities
- Courtyard
- Fenced Lot
- Laundry Facilities
- Gated
- Cabana
- Furnished Units Available
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 17 | - | 388 |
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 423-083-09 | Improvements Assessment | $1,623,648 |
| Land Assessment | $4,870,944 | Total Assessment | $6,494,592 |
Property Taxes
Parcel Number
423-083-09
Land Assessment
$4,870,944
Improvements Assessment
$1,623,648
Total Assessment
$6,494,592
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Videos
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Matterport 3D Tour
Photos
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Presented by
Fanuel Villas | 4459 Fanuel St
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