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$ 3,300,000
Est. payment /mo
New
4073 Gresham St. San Diego, CA 92109
8 Beds
8 Baths
4,528 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 4,528 sqft
Price per Sqft $728
MLS Listing ID 260020788
Bedrooms 8
Full Baths 5
Half Baths 3
Lot Size 5,514 Sqft
Property Sub-Type Com-Res Income
Property Description
We are pleased to offer 4073 Gresham Street, a fully modernized and turnkey five (5) unit multifamily property in beautiful Pacific Beach, ideally located within 1.5 blocks to Sail Bay access and Fanuel Street Park, within the coveted Crown Point area. Comprised of two (2) large 1Br/1Ba units and three (3) spacious 2Br/1.5Ba townhome units (each with private/enclosed back patio), units have been upgraded to a high level back around 2016, with newer cabinetry, countertops, s.s. appliances, in-unit washer/dryers, vinyl plank flooring (downstairs), and fully remodeled bathrooms with tiled shower enclosures. In addition to being steps from the bay and 7 blocks from the beach, the property boasts gate code access, dual-pane vinyl windows/sliders throughout, as well as a laundry room (currently used as storage), and a large rear common area patio/bike storage/surfboard storage/bbq area. Units are all electric, separately metered for electricity. Residents love having a full tandem off-street parking space (5 tandem off-street spaces for 10 total spaces!), especially in the Summertime when parking gets very scarce in this sought after neighborhood. Great property and location that always attracts top-tier long-term tenants, and has also done incredibly well as a short term rental property (until covid hit in 2020, when owner changed to long-term rental operations and never looked back). Lowest rented 2Br unit was just re-rented at $4,095 this month (which was around $3,050 before that), with several very qualified applicants trying to lock it down.
Location
State CA
County San Diego
Area Coastal South
Direction Right near Sail Bay and Fanuel Street Park.
Interior
Heating Radiant
Cooling Other
Flooring Slab
Fireplace No
Exterior
Parking Features Spaces
View Y/N No
Roof Type Other/Remarks
Total Parking Spaces 10
Building
Dwelling Type Apartment
Story 2
Others
Senior Community No
Tax ID 423-382-39-00
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Listed by Joseph A Burrough, DRE#02014504 Palma Commercial
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