Poinsettia Apartments is a prime investment opportunity, perfectly located in the heart of Point Loma Village. This well-maintained property offers a desirable unit mix, including two 1-bedroom/1-bath, four 2-bedroom/1-bath, and one 3-bedroom/2-bath apartment homes. Parking is conveniently provided at a ratio of two spaces per unit. Recent capital improvements, such as new vinyl-pane windows, have been made, and select units feature moderate upgrades. Additionally, there is Significant potential for a buyer to implement a full renovation program, which would allow for a substantial increase in rental income. The property is ideally situated just one block from a variety of restaurants, shops, a grocery store, and the public library, offering residents an easy walk to essential amenities. Point Loma Village is known for its laid-back, neighborhood vibe, with the perfect balance of coastal charm and convenience.
MLS# | 250018668SD |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Days On Site | 72 |
Listing Provided By | Eric D. Comer, Broker 858-509-1200 | Eric Comer |
Units | 7 |
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Building(s) | 1 |
State | CA |
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County | San Diego |
City | San Diego |
Zip Code | 92106 |
Area | 92106 Point Loma |
Listing VS Median (in 92106) | |
Price: $2,900,000 low | high Med: $1,685,000 On site: 72 low | high Med: 29.500000 |