4366 Menlo Avenue new

San Diego,CA 92115

$ 17500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250018400

Lot Size 1.123 Acres

Property Description

The Pacific Pines Apartment Portfolio in the Talmadge area of San Diego includes three adjacent parcels with a total of 57 units. The combined unit mix consists of one-, two-, and three-bedroom floorplans. Built between 1957-1986, the properties have a total combined land area of 48,899 square feet. Pacific Pines presents a new owner the opportunity to immediately acquire scale in the submarket whereby many of the properties tend to be on average 10-20 units in size. Furthermore, a new owner could capture rental increases of approximately $612 per unit, on average, through a comprehensive renovation/value-add program.

Location

State CA

County San Diego

Area San Diego (92115)

Building

Story 3

Others

Space Rent $1,457,975

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