Apartment Realty Group (ARG)
Listed by Apartment Realty Group (ARG)
$2,100,000
Pacific Beach
Details
APN 416-553-09-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,700
Units 2
Cap Rate 2.51%
Year Built 1955
Buildings 2
Zoning RM-2-5
Multifamily | 2.51% CAP | 2 Units
Marketing description
**Existing Two detached houses in Prime Pacific Beach** Plans in place for construction of a new 11-Unit development • Located just blocks from Mission Bay and all that Pacific Beach has to offer • Existing unit mix consists of one detached (1) 3-bedroom/1-bath house, and one detached (1) 2-bedroom/1-bath house • Current improvements provide in-place rental income while pursuing development • Opportunity to significantly increase density in a high-demand coastal submarket • Located in one of San Diego's most supply-constrained rental markets
Listing Contacts
Apartment Realty Group (ARG)
Listed by Apartment Realty Group (ARG)
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Zoning
RM-2-5 ResidentialMulti FamilyResidential Multiple Unit
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