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Listed by Michael Conger • Commercial Asset Advisors
$ 3,960,000
Est. payment /mo
Active
5406 Imperial Ave San Diego, CA 92114
9,870 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,870 sqft
Price per Sqft $401
MLS Listing ID CRPTP2504104
HOA Y/N No
Year Built 1973
Lot Size 0.273 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.
Location
State CA
County San Diego
Interior
Fireplace No
Laundry Common Area
Exterior
View City Lights, Other
Building
Lot Description Other, Paved
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