$5,399,000
Units: 8
47 Days On Market

Courtesy of Venture Pacific Commercial.

Property Type: Com-res Income
Status: Active
Neighborhood: Ca
Days On Website: 47

Property Details for 1948 Emerald St, San Diego, CA 92109

Pacific Beach - Built in 1988-Multifamily offering 8 units all 2 Bedrooms/2 Bath (with 16 tub/showers) totaling approximately 5,840 square feet. 16 tandem parking spots on oversized 9,376/.22 SF lot. 2 parking spots assigned to each unit. Located on residential street among multi-million-dollar homes nestled away from noise and yet 1.32 miles from beach/sleeve of La Jolla. Built in 1988 true rare gem tucked away from noise and crowds, yet 7-10 min from beach. Walking Biking, scooter and skateboard to shopping, beach; very close to all freeways. Unique every unit has a separate wing entry, own and exit. Each unit approximately 7-5-730 Square feet. Townhome style units create privacy with 4 units in front and 4 units in back. Bright and light 4 units brand new kitchen totally renovated; others semi-upgraded. Managed by owners for 35 years with tender love and care. Quality Long term tenancy, minimal turnover with no vacancies (Waitlist). Light and bright units with oversized windows, recessed lighting and nice views from upstairs units. Oversized private patios and laundry room on-suite; 2-year-old coin machines owned. Great long term stable investment!

Bedrooms

  • 1 bedroom

Building

  • 1988 years old
  • 2 stories

Expenses

  • Operating expense: $72,540

Exterior Features

  • Auto Front Sprinklers

Listing

  • Source: SDMLS
  • For Sale
  • 53 days on market
  • Listing date: 2024-03-02

Location

  • County: San Diego

Lot

  • Approximately 9,376 lot square feet
  • Approximately 0 acres

Parking

  • 16 total parking spaces

Unit One

  • 2 bathrooms
  • 8 units of this type
  • 2 bedrooms

Map View


$5,399,000 - 1948 Emerald St, San Diego, CA 92109

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1948 Emerald St
San Diego, CA 92109
County: San Diego