4088 Crown Point Drive, san Diego, California

$11,775,000

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0.22

Acres

About 4088 Crown Point Drive

Rare Opportunity to acquire 20 Bay Front Apartment Units in the Crown Point section of Pacific Beach! Long Term Ownership has done an exceptional job in maintaining and improving the building over the years. Many recent Capital Improvements should ensure a property with little to no deferred maintenance. Great unit mix of mostly 2BR/2Bath units. Plenty of off-street parking spaces. Immediate Upside in income (Low Rents, Currently no Utility Reimbursement Program in Place, Tenants not paying for parking, etc.). Long term tenants. New Windows & Sliders, New Roof 2022, Multiple Units upgraded with new flooring, appliances, cabinets, etc. Seller may consider Financing a 1st or 2nd Note.

Features of 4088 Crown Point Drive

MLS® # 230002968
Price $11,775,000
Acres 0.22
Type Commercial
Sub-Type Com-Res Income
Status ACTIVE

Community Information

Address 4088 Crown Point Drive
Area PACIFIC BEACH (92109)
City san Diego
County San Diego
State California
Zip Code 92109

Amenities

Amenities Elevator
Parking Spaces 29
Parking Carports, Spaces

Interior

# of Stories 4

Exterior

Roof Composition
Construction Stucco, Block

Additional Information

Date Listed February 14th, 2023
Zoning Commercial
Short Sale No

Listing Details

OfficeMarcus & Millichap

Listing Map

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