Price Reduced by $500,0000. Seller is willing to entertain offers. VERY ATTRACTIVE ASSUMABLE FINANCING (@2.5% fixed for 35 Years) AVAILABLE!! See below for details on the loan. Here is your chance to buy one of the nicest apartment buildings in Hillcrest/North Park (92103) zip code. Built in 2019 up to condo specs this property should prove to be a fantastic investment for someone looking for a passive, low maintenance apartment building located in one of San Diego's most desirable rental markets. Walk to everything! Average units are over 800 Square Feet with condo quality finishes including high end flooring, counters, cabinets, appliances & lighting. 28 Parking spaces including 21 under ground garage with security gate. The current HUD loan at $8,092,000 can be assumed. The rate is 2.5% Fixed for 35 years (2057). Take advantage of just about the lowest interest rate offered a few years ago and continue to pay down principal while maintaining what is sure to be solid rental growth.
Mls | 240017868SD |
---|---|
Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Active |
Days On Site | 127 |
Listing Provided By | Marcus & Millichap 818-212-2250 | Thomas McCartin |
Car Port | Yes |
---|---|
Units | 23 |
Buildings | 3 |
State | CA |
---|---|
County | San Diego |
City | San Diego |
Zip Code | 92103 |
Area | 92103 Mission Hills |
Listing VS Median (in 92103) | |
Price: $19,000,000 low | high Med: $1,024,950 On Site: 127 low | high Med: 67.000000 |