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5052 Wightman St
San Diego, CA 92105
Wightman Place Apartments · Multifamily Property For Sale · 44 Units

Investment Highlights

  • Offers Due - Friday June 30th @ 12pm
  • $159,091/Unit & $167.87/SF / Cap Rate: 5.64% & GRM: 9.62
  • Affordable Housing Component: Acq, Rehab & Perm Financing Agreement 7/8/99, 55 yr - SDHC
  • Unit Mix: (34) 2 bed, (6) 3 bed, (2) 4 bed, (2) 5 bed. Note: (10) are 2+1.5 TH
  • Located in an Opportunity Zone
  • Attractive Financing Available for Affordable Housing: 5.58%-5.87% for 10 and 7 year; 75-80% LTV.

Property Facts

No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.76 AC
Building Size 41,700 SF
No. Stories 2
Year Built 1963
Parking Ratio 1.08/1,000 SF
Zoning R-4 (Multiple Residential - Multi-Family

Amenities

Unit Amenities

  • Balcony
  • Heating
  • Kitchen
  • Refrigerator
  • Range

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 26 $1,327 921
2+2 8 $1,372 971
3+2 6 $1,627 1,192
4+2 2 $1,672 1,524
5+2 2 $1,841 1,700

Property Taxes

Property Taxes

Parcel Number
472-481-22
Land Assessment
$5,100,000
Improvements Assessment
$2,167,500
Total Assessment
$7,267,500
  • Listing ID: 28769880

  • Date on Market: 6/15/2023

  • Last Updated:

  • Address: 5052 Wightman St, San Diego, CA 92105

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