Mixed use investment and redevelopment opportunity in the Bankers Hill / Mission Hills corridor. The property consists of two legal parcels totaling approximately 14,246 square feet with 6,222 square feet of existing improvements, currently occupied by a diverse mix of creative, studio, wellness, and service oriented tenants. Provides in place… Read More income with the ability to reposition rents while evaluating long term redevelopment potential. Zoned CN-1-3 and located within the Complete Communities Tier 3 overlay, which may allow increased residential density with a floor area ratio of up to 6.5. Centrally positioned just north of Downtown San Diego with strong access to Mission Hills, Old Town, major employment centers, and regional freeways. Read Less
Listing Snapshot
Days Online
18
Last Updated
Property Type
MixedUse
Square Ft.
5,984
Year Built
1948
MLS Number
PTP2601137
Additional Details
Building
Built in 1948, 3 buildings, 2 stories, Entry level: 1
Expenses
Insurance: $5,428, Operating: $13,732
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $105,972, Net Operating Income: $62,071
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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