$2,650,000
3710 Madison Avenue San Diego, CA 92116
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,650,000
Est. payment /mo
6,947 Sqft Lot
UPDATED:
09/13/2024 09:43 PM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 240014829
Lot Size 6,947 Sqft
Property Description
POSSIBLE SELLER FINANCING. Excited to present 3710 Madison Ave, a fantastic value-add investment that offers an investor 70% upside in rents in the rapidly accelerating rental market of Normal Heights. The 6,660 square foot structure built in 1959 is situated on a 6,947 square foot lot just over a block from Adams Avenue. The property features eight 2 Bedroom / 1 Bath units, each averaging over 800 square feet. Half of the units have been recently renovated with new flooring and kitchens. In addition, the property offers a common laundry space with leased washer/dryer and 10 surface parking spaces. Please do not walk on the property or disturb tenants.
Location
State CA
County San Diego
Area Normal Heights (92116)
Exterior
Total Parking Spaces 8
Building
Story 2
Others
Space Rent $202,272
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Listed by Benn Vogelsang • NorthMarq Multifamily
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "