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$ 17,500,000
Est. payment | /mo
1.12 Acres Lot
$ 17,500,000
Est. payment | /mo
1.12 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250018400SD
HOA Y/N No
Lot Size 1.123 Acres
Property Sub-Type Mixed Use
Property Description
The Pacific Pines Apartment Portfolio in the Talmadge area of San Diego includes three adjacent parcels with a total of 57 units. The combined unit mix consists of one-, two-, and three-bedroom floorplans. Built between 1957-1986, the properties have a total combined land area of 48,899 square feet. Pacific Pines presents a new owner the opportunity to immediately acquire scale in the submarket whereby many of the properties tend to be on average 10-20 units in size. Furthermore, a new owner could capture rental increases of approximately $612 per unit, on average, through a comprehensive renovation/value-add program.
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Fireplace No
Others
Tax ID 4711701400
Listed by Allen Chitayat • CBRE
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