CBRE is pleased to present Balboa Flats, a well-maintained 10-unit multifamily property located at 3533 6th Avenue in the heart of San Diego’s prime Hillcrest neighborhood, at the edge of Bankers Hill and just one block from historic Balboa Park. Built in 1952, the asset offers an exceptional combination of… Read More location, stability, and value-add potential in one of the city’s most desirable rental corridors. Eight of ten units have been substantially improved with vinyl plank flooring, new countertops, stainless steel appliances, newer cabinetry and hardware, custom backsplash, and upgraded bathrooms. A TPO roof was completely replaced in 2012 with a 20-year warranty, and all systems are in good working condition. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
MixedUse
MLS Number
250045419SD
Additional Details
Building
1 building
Expenses
Operating: $87,914
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $228,060
Taxes
Parcel Number: 4524300700
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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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