This property at 3770 Georgia Street is a very charming well-maintained pride of ownership multifamily property. Located in the Hillcrest neighborhood of San Diego, CA, one of San Diego’s best performing submarkets, it consists of eight (8) one-bedroom apartments and six (6) single car garages. Built in 1929, property offers… Read More potential historic designation featuring vintage Spanish Colonial Revival architecture with Heavy Adobe Bumpy wall stucco, mission style arched doors and windows, and wrap around staircases. Property is offered for sale for the first time in nearly thirty years. • A+ San Diego Location: Hillcrest / 92103 • Very Well-Maintained Clean Asset • Vintage Spanish Style Architecture • Highly Desirable Charming Sunny Apartments • 9-Ft Coved Ceilings, Hardwood Floors, Some with Views • Value-Add Opportunity: Good Upside Potential in Rents • All Apartments Individually Metered for Gas and Electricity • Six Garages; On-site Laundry • Close Proximity to Balboa Park, Mission Hills & North Park • ProForma Cap Rate: 5.77% / ProForma GRM: 12.26 • Drive-by only, do not disturb tenants Read Less
Listing Snapshot
Days Online
58
Last Updated
Property Type
Mixed Use
Lot Size
0.13 Acres
MLS Number
250038100SD
30 Days Snapshot Of 92103
$1.07M
-28%
(avg) sold price
19
-36%
homes sold
85
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1 building
Expenses
Operating expense: $69,882
Heating
WallFurnace
Income
Net operating income: $124,805
Lot
0.1291 acres, 5,625 square feet, Size: 5,625
Parking
6 totals parking
Property
Zoning: RM-3-9
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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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