ACRE Investment Real Estate Services is pleased to present The Georgia Street Apartments, a turnkey fully renovated eight (8) unit property located in the heart of the vibrant and trendy University Heights urban neighborhood. Built in 1963 and just fully renovated in 2019, this tastefully improved contemporary building offers a very desirable unit mix with very spacious floor plans comprised of four (4) one bedroom / one bath units, two (2) two bedroom / 1 bathroom units and two (2) two bedroom / two bath units situated on a 6,998 square foot lot.
Positioned in a class “A” location this private, modern and charming building has been thoughtfully renovated with today’s renter in mind. The property has benefited from approximately $300,000 dollars in renovations including upgrading the interior of all units with contemporary wood laminated flooring, modern kitchens with new quartz countertops, contemporary faucet hardware and under mount sinks, stainless steel appliances and new cabinets, ceiling fans, contemporary lighting fixtures. Exterior improvements include new windows, drought tolerant landscaping, concrete parking area, 3-toned exterior paint, secured entrance, and complete roof repair.
The property is located on a quiet residential street, but ideally positioned just one block from Park Blvd and only steps away from The Adams Ave corridor. With a walk Score of 90 out of 100, residents can walk or bike to retail, award-winning restaurants, shopping, parks, schools and entertainment. The property offers easy accessibility to Interstate’s 165, 8 and 805, within minutes from vibrant Downtown and all major employment corridors in San Diego.
4460 Georgia Street offers an opportunity for the long term investor to acquire a turnkey low maintenance property in one of the most desirable prime locations of San Diego.
