3026 Adams Avenue, Normal Heights, CA 92116

$2,295,000
5
BD
List Price
$2,295,000
Price Change
▼ $105,000 1517634243
Days on Market
34
Status
ACTIVE
MLS#
180002879
Bedrooms
5
Lot Size(apprx.)
7,506
Property Type
Multifamily

Property Description

OPEN WALK THRU OF UNITS - THURS 2/22, 11AM-1PM. PLEASE CONTACT LISTING AGENT TO CONFIRM *PLEASE DON'T WALK ON PROPERTY* This 8 unit apartment complex consists of five separate structures built in 1941 and has been meticulously maintained over the years. The return on this property can be significantly increased by renovation to the interior of the units and rental increases. The buildings are comprised of one-bedroom/one-bathroom, cottage style units. This property has undergone extensive renovations to the exterior of the property in 2007 and has been well maintained ever since. The property is complete with 4 single car garages and gated access. This investment lends the rare opportunity to acquire a unique apartment complex located on the renowned Adams Avenue in the highly desirable neighborhood of North Park. Adams Avenue is the home to many amenities offered in the North Park and Normal Heights Neighborhoods including some of the best local shops, breweries, and eateries that San Diego has to offer.

Additional Information

Annual Expense Actual
77
Construction
Stucco
Lot Size
7,506
Style
Com-Res Income

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Listing courtesy of Marcus & Millichap