Active
4445 Fanuel St
Pacific Beach CA, 92109
$7,500,000
$622.35 per sqft
Active
5 Beds
12,051 sqft
Commercial
16-unit complex in Pacific Beach located just a few blocks from the beach and bay. The subject property is located on a 12,438sf lot consisting of (4) 2Bedroom/2Bathroom, (4) 2Bedroom/1Bathroom and (8) 1Bedroom/1Bathroom The property has onsite laundry room & separate managers office. Extremely well-maintained by the current ownership and offers a new buyer substantial upside with over 40% upside in rents (ProForma Cap Rate 5.85%). ***There's an optional assumable loan of 3.50% fixed for 3 1/2 more years (loan balance of ~ $1.4M w/ CHASE Bank). Contact Listing Agent to discuss further***
240018764
MLSⓇ ID
August 9, 2024
Listed
September 13, 2024
Updated
Map
4445 Fanuel St
Pacific Beach CA, 92109
Interior Features
Total Stories
2
Bedrooms
5
Floor Description
Concrete, Wood
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.29 Acres
Roof
Composition, Wood
Other Property Details
Area Name
Coastal South
Taxes
$92,237
Tax Frequency
Annually
Days on Market
3
Garage
No
View
No
County
San Diego
Pool
No
Zoning
RM-2-5
Listed by Apartment Realty Group (ARG), James V Carter,
Listing Contact: 619-784-1031
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
© 2024 San Diego Multiple Listing Service. All rights reserved.
Data last updated 6:03 AM UTC, 9/13/2024