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31776079
31776089

3613-15 Central Ave, San Diego, CA 92105

LS
CA 02217656
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
Unpriced
46 days on market
Updated 1 day ago
Under Contract

3613-15 Central Avenue

Details
APN 4541621300
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,370
Net Rentable (SqFt) 1,370
Units 2
Buildings 2
Stories 2

$412,500/unit

Marketing description

We are pleased to present 3613-15 Central Avenue, a 2-unit apartment building located in the City Heights neighborhood of San Diego, CA. The property is comprised of one (1) two-bedroom / one-bathroom unit and one (1) two-bedroom / two-bathroom unit. The building also features one (1) unpermitted one-bedroom / one-bathroom unit.

City Heights is known for its cultural diversity, locally owned businesses, and international cuisine. The residents are centrally located in San Diego near ground zero of City Heights new urban core. Residents enjoy quick access to El Cajon Boulevard and Interstate-15. 3613-15 Central Avenue is situated in a transit-oriented neighborhood with many public transportation options nearby. Located along major east-west/north-south thoroughfares and transit hubs provides residents with ease of access to jobs, education, public facilities, parks and community recreation. The property boasts a walk score of 93 on walkscore.com’s 100-point scale and is considered “Very Walkable” as daily errands do not require a car and countless retailers, restaurants, and services are also nearby.

3613-15 Central Avenue is a compelling investment opportunity in a thriving neighborhood. Its prime location, vibrant community, and potential for significant value appreciation make it attractive to both renters and investors. This property offers a promising chance to invest in a flourishing market, with substantial returns possible through strategic enhancements and management.

Investment highlights

  • Desirable unit mix comprised of two-bedroom units
  • ADU conversion potential with one (1) double car garage
  • Rare opportunity to acquire a value-add asset in a high barrier to entry market
  • Easy access to Tier-1 employment hubs of Mission Valley, and Downtown San Diego via Interstate-15
  • Proximate transit hubs provide residents ease of access to jobs, education, public facilities, restaurants, vibrant nightlife, parks and community recreation

Listing Contacts

LS
CA 02217656
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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$25,645.00
$2,137.08/mo

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Additional Information

Name
Liam Sylvia
License
02217656
Brokerage
Marcus & Millichap
Title
Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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