3204 Collier Ave , San Diego, CA 92116
San Diego, CA 92116
Description
We are pleased to present 3204 Collier Ave. in the sought after neighborhood of Normal Heights. This 8 unit apartment complex has been completely renovated in the last 6 months with over $750,000 in capital improvements. There are four large 1bedroom/1bath units, two 2bedroom/1bath units, and one 2bedroom/2bath unit. All units have been extensively remodeled with high-end finishes including flooring, paint, and appliances. All units all have new washer/dryers, splits with A/C and heat, and tankless water heaters. The exterior renovations include a new roof, concrete, landscape and stucco. With brand new market rent leases and RUBs in place, this 8 unit apartment complex is perfect for an investor looking for low maintenance and low management with a true 5% CAP with new taxes and insurance. Potential to for an investor to convert garages into ADU's for additional income.
Details
| MLS# | 240013187SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 98 |
| Listing Provided By | KB Investments 858-243-6570 | Krista Losito |
Features
| Units | 8 |
|---|---|
| Building(s) | 1 |
Market Activity 92116
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92116 |
| Area | 92116 Normal Heights |
| Listing VS Median (in 92116) | |
Price: $3,950,000 low | high Med: $0 On Site: 98 low | high Med: | |