$2,500,000
$2,580,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
6,600 Sqft Lot
SOLD DATE : 08/22/2022
Key Details
Sold Price $2,500,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 220012722
Sold Date 08/22/22
Lot Size 6,600 Sqft
Property Sub-Type Apartment
Property Description
Normal Heights/Kensington 8U apartment building (1972) located North of El Cajon Blvd. transit corridor. Quiet/serene gated-courtyard featuring a mature ironbark eucalyptus tree and low-maintenance landscaping. 4 open + 4 enclosed parking spaces. Owned laundry machines. New TPO roof 10/18; termite tented 10/17; new commercial water heater 6/17. Walking distance to public transportation and exercise classes at brand new YMCA (WalkScore of 94). Compare CURRENT Actual 15.5 GRM to that of any 6-10 unit property currently offered in the Mid-City! (Based on current tenancies GRM scheduled to go to 15.0 on 10-1-22, 14.7 on 12-3-22, 14.5 on 2-1-23.) Ideal for investors who desire a turn-key investment. Over-all, an attractive, well-located, well-maintained property.
Location
State CA
County San Diego
Area East San Diego (92105)
Zoning CUPDCT-2-3
Interior
Heating Radiant
Cooling None
Flooring Vinyl, Wall to Wall Carpet
Exterior
Exterior Feature Fully Landscaped, Metal Fence, Security Bars
Parking Features Garages, Spaces
Roof Type Other/Remarks
Total Parking Spaces 8
Building
Story 2
Lot Size Range .25 Acres or less
Others
Acceptable Financing Cash, Cash to New Loan
Space Rent $166,476
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
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Bought with Josh Browar • The Browar Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "