For Sale
$2,899,000
4149 Wabash AveSan Diego, CA 92104
Prime San Diego multifamily investment. High NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 120
Highlights
- Fully renovated 9-unit apartment building in San Diego, CA.
- Built in 1955, totaling 4,283 square feet on a 6,995 square foot lot.
- Unit mix: four studios, four one-bedroom/one-bathroom, and one two-bedroom/one-bathroom; all with modern finishes and in-unit laundry.
- Strong current NOI of $136,361 (4.70% cap rate); pro-forma NOI of $161,911 (5.59% cap rate).
- Asking price: $2,899,000 ($322,111 per unit, $676.86 per square foot).
- Low-maintenance operation with high tenant demand.
Property Details for 4149 Wabash Ave
- Property type
- Apartment buildings
- Square Feet
- 4,283 SF
- Year Built
- 1955
- Buildings
- 2
- Stories
- 2
- Units
- 9
Location Insight
- City
- San Diego
- County
- San Diego
- State
- California
- Latitude
- 32.752634521925
- Longitude
- -117.12172627095
4149 Wabash Ave, San Diego, California
Leaflet | © OpenStreetMap contributors
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FAQs
- What type of property is this?
- Apartment building - Prime San Diego multifamily investment. High NOI.
- Where is the apartment building located?
- The property is located at 4149 Wabash Ave San Diego, CA.
- What is the asking price?
- The asking price for this property is $2,899,000.
- What are key features of this property?
- This property features: Fully renovated 9-unit apartment building in San Diego, CA.; Built in 1955, totaling 4,283 square feet on a 6,995 square foot lot.; Unit mix: four studios, four one-bedroom/one-bathroom, and one two-bedroom/one-bathroom; all with modern finishes and in-unit laundry.
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