This Multifamily Property is no longer advertised on LoopNet.com.

5502-5506 University Ave
San Diego, CA 92105
Multifamily Property For Sale · 10 Units

Investment Highlights

  • $1.449M Assumable Loan at 3.34% Until March 2027
  • Plans to Build 20 Additional Units
  • Complete Communities Housing Plan which allows for 6.5 FAR
  • Ample Parking; All Units Remodeled

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.49 AC
Building Size 5,875 SF
Average Occupancy 100%
No. Stories 2
Year Built 1950
Parking Ratio 2.89/1,000 SF
Zoning MF - Zoning / Land Use: CC-5-3 Mixed-use zoning: 11–15 DU/AC res., 29 DU/AC mixed-use w/ bonus up to 43 DU/AC in res.-permitted areas per Community Plan.

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Ceiling Fans
  • Hardwood Floors
  • Porch
  • Vinyl Flooring

Site Amenities

  • Fenced Lot
  • Laundry Facilities
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,826 550
2+1 3 $2,131 600
3+1 1 $2,700 -

Property Taxes

Property Taxes

Parcel Number
472-410-01
Land Assessment
$1,485,691
Improvements Assessment
$1,246,919
Total Assessment
$2,732,610
  • Listing ID: 33851341

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 5502-5506 University Ave, San Diego, CA 92105

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