Sold
4088 Crown Point Drive
Pacific Beach CA, 92109
$8,700,000
$581.40 per sqft
Sold
3 Beds
14,964 sqft
Commercial
Rare Opportunity to acquire 20 Bay Front Apartment Units in the Crown Point section of Pacific Beach! Long Term Ownership has done an exceptional job in maintaining and improving the building over the years. Many recent Capital Improvements should ensure a property with little to no deferred maintenance. Great unit mix of mostly 2BR/2Bath units. Plenty of off-street parking spaces. Immediate Upside in income (Low Rents, Currently no Utility Reimbursement Program in Place, Tenants not paying for parking, etc.). Long term tenants. New Windows & Sliders, New Roof 2022, Multiple Units upgraded with new flooring, appliances, cabinets, etc. Seller may consider Financing a 1st or 2nd Note.
230002968
MLSⓇ ID
February 15, 2023
Listed
November 23, 2024
Updated
Map
4088 Crown Point Drive
Pacific Beach CA, 92109
Interior Features
Total Stories
4
Bedrooms
3
Appliances
Dishwasher, Range, Refrigerator, Disposal
Laundry Description
Leased
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.23 Acres
Roof
Composition
Other Property Details
Area Name
Coastal South
Days on Market
35
Garage
No
Parking
Carport, Spaces
Parking Total
29
View
No
County
San Diego
Pool
No
Zoning
Commercial
Listing History
Date | Event | Price |
|---|---|---|
8/28/2023 | Price change | $8,700,000 -27% |
8/28/2023 | Sold | $8,700,000 |
Listed by Marcus & Millichap, Thomas McCartin,
Listing Contact: 858-373-3100
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Data last updated 12:08 AM UTC, 11/23/2024
