Address
4024 32nd St San Diego, CA
Price
$ 5,700,000
Property Attributes
  • MLS#210007491
  • TypeIncome
  • CountySAN DIEGO
  • CitySan Diego
  • AreaMetro Uptown
  • NeighborhoodMetro Uptown
  • Zip92104
  • Style
  • Price$ 5,700,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage13999
  • Lot Size10,454 SqFt
Listing Provided Courtesy Of:
Marcus & Millichap
Data Source:
San Diego MLS
Property Description

Pleased to present for sale a 26-unit value-add senior housing community in the North Park neighborhood of San Diego. Constructed in 1985, this property rests on a 10,500 SF lot and offers approximately 14,000 of rentable SF. 4024 32nd St is comprised of (8) two-bedroom/1-bathroom units, (17) one-bedroom/one-bathroom units, and (1) studio/one-bathroom unit. The complex offers investors the rare opportunity for significant rental upside through interior and exterior renovations. Tenants enjoy access to 12 off-street parking spaces + 1 loading space, designated handicap street parking, a clubroom, and a communal laundry room. The complex is wheel-chair accessible and has an elevator. A conditional use permit for the senior citizen housing project states one resident from each unit must be age 55+ to live in the complex. The permit does not expire unless approved by the planning commission.

Price History
3/24/2021 Listed $5,700,000

General Features

# Of Units (1) 8
# Of Units (2) 17
# Of Units (3) 1
Construction Stucco
Laundry Y/N Leased
Parking Spaces
Sale/rent For Sale
Stories 3 Story
Terms Cash, Cash to New Loan
Total Units 26

Interior Features

Baths in Unit 1 1.0
Baths in Unit 2 1.0
Baths in Unit 3 1.0
Bedrooms in Unit 1 2
Bedrooms in Unit 2 1
Unit Furnished (1) n
Unit Furnished (3) n

Exterior Features

Number of Buildings 1
Total Parking 12

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92104

Price
AVG $2.55M
$5.7M
Visits
AVG 39
100

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.