San Diego, CA 92110,5526 Lauretta St
San Diego, CA 92110,5526 Lauretta St
San Diego, CA 92110,5526 Lauretta St
San Diego, CA 92110,5526 Lauretta St
San Diego, CA 92110,5526 Lauretta St
San Diego, CA 92110,5526 Lauretta St
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$18,995,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 05/27/2022

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 220004371SD

Sold Date 05/27/22

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

Completed new construction 30-unit apartment building featuring all 2 bed, 2 baths just 3 blocks to the University of San Diego. Average projected rent for 27 market rate units is $3,192 each. Three density bonus units rent at $1,066 each. Units feature open concept kitchen and living room, vinyl flooring throughout, quartz countertops in baths and kitchen, central AC, in-unit laundry, and balcony(s). Tenants pay their own utilities. All units are ADA compliant. Building has keyed and code entry, elevator, solar for common areas, and secure garage parking for 30 vehicles. ** Now leasing! ** Comes with fully approved condo map. ** Central and highly walkable location 3 blocks to the west entrance of the University of San Diego campus, 0.5 walking-miles to Mission Valley YMCA, 0.4 walking-miles to the Morena/Linda Vista Trolley Stop, 1.5 driving-miles to the Fashion Valley Mall, and a short stroll to many more neighborhood attractions including Starbucks and many restaurants. Easy access to I-8 and I-5 for trips to the airport, downtown, and nearby beaches. Tenants pay for utilities in addition to rent. Each tenant has their own electric meter. Each tenant has a sub meter on both hot and cold water. The total of those will be billed pro rata to the tenant for water use. Their pro rata share of the hot water will become their share of the gas meter bill. Each tenant will also pay 1/30 of the trash bill. ** Building has a solar system in place for the house power only, which will offset the cost of operating the vehicle gate, elevator, and common area/lobby power. ** All apartments are pre-wired for individual solar. Panels are not installed for individual apartments. Cooling: Central Forced Air Gas

Location

State CA

County San Diego

Area 92110 - Old Town Sd

Interior

Heating Forced Air

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 30

Others

Tax ID 4363621400

Financing Cash to New Loan

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CRMLS – RECore
Listed by Steven Cairncross Berkshire Hathaway HomeService
Bought with Steven Cairncross Berkshire Hathaway HomeService
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>

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