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 

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Data last updated 6:03 AM UTC, 9/13/2024

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