Nestled within the vibrant Crown Point neighborhood of San Diego, California, lies 1926-1942 Fortuna Avenue, a strategically positioned residential apartment complex comprising eight apartment units. Situated just a block away from the picturesque Mission Bay and a mere 1.5 miles from the sandy shores of Pacific Beach, this property boasts… Read More a prime location. With four out of the eight units completely renovated and successfully achieving market rents, there is a compelling opportunity to capture the rest of the value-add potential. Completing the renovation of the remaining four (4) units present an exciting prospect for further enhancement, allowing the property to realize its maximum value. Additionally, there is the attractive possibility of integrating accessory dwelling units into the project, thereby increasing its income-generating capabilities. Read Less
Listing Snapshot
Days Online
35
Last Updated
Property Type
Mixed Use
MLS Number
240021937SD
30 Days Snapshot Of 92109
$
-3%
(avg) sold price
20
-31%
homes sold
53
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4 buildings
Expenses
Operating expense: $84,436
Income
Net operating income: $159,236
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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