Listing provided courtesy of Jason Lipovsky of Venture Pacific Commercial. Last updated 2024-05-02 09:21:25.000000. Listing information © 2023 Sandicor.

Asking Price: $5,309,000

1948 Emerald St, San Diego CA 92109

Community: ​Coastal South

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This Com-Res Income property was built in and is priced at $5,309,000. Please see the additional details below.
  • 0 Sq Ft
  • 2 bathrooms
  • 2 bedrooms
  • MLS#: 240005303
  • Type: Com-Res Income
  • Year Built:
Pacific Beach Multifamily cap rate 4.53/5.01, GSI $319,812/$345,600 Actuals/Proforma, 1988 Built, 8 townhome style units all 2 Bedrooms/2 Bath (16 tub/showers), 16 tandem parking 2 per unit, on site coin laundry. Separate elec/gas meter, oversized outdoor patios. 1.32 miles (7-10 min) to beach 4 units fully remodeled the rest very updated, newer appliances and water heater. Spacious open floorplan/kitchen, stainless refrigerator. Very close to shopping beach and fwys. Each unit appx 730 Square feet. 4 units front, 4 units in back. 34 years owner managed with high-quality long-term tenants. Owners just passed building inspection. Owners retiring.

Call or Email Chris Sanders now to inquire about this property

619-861-3748