$7,995,000
For more information regarding the value of a property, please contact us for a free consultation.
4,713 Sqft Lot
SOLD DATE : 04/17/2023
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 220019646SD
Sold Date 04/17/23
HOA Y/N No
Lot Size 4,713 Sqft
Property Sub-Type Mixed Use
Property Description
Market rents achievable within first 6 months due to new age of building and supportable rent comps, contact agent for lender info. 2104 Columbia St is a class A, 2015 built apartment complex located in the heart of Little Italy. The unit mix consists of five 1 bed/1 bath units and five 2 bed/2 bath units. Each unit has 1 assigned space each, available through secured underground parking. Ten On Columbia offers four floorplans in total. These range in square footage from 605 (118 sq ft balcony with daybed), 768 (82 sq ft balcony), 1062-1085 (285 sq ft deck) to 1288 (234 sq ft over 1 balcony and 1 deck). Rent control cap AB 1482 does not apply to the subject property, offering an investor a 4% cap rate within first 6 months.
Location
State CA
County San Diego
Area 92101 - San Diego Downtown
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 10
Others
Tax ID 5331230400
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Brendan Flynn • South Coast Commercial, Inc.