For Sale / CA / San Diego County / San Diego / 92109 / 4459 Fanuel St

4459 Fanuel St San Diego, CA 92109

  • For Sale $6,888,888

  1. 0 full, 0 partial baths
  2. 15,681 sq ft lot
Rarely available RENOVATED 17 UNIT Apartment COMPLEX Situated IN THE HEART OF San Diego's Pacific Beach- EACH UNIT IS A STUDIO APARTMENT LIVING-WELL MANICURED COURTYARD-9 OFF STREET PARKING + ONE SINGLE GARAGE-COMMUNITY LAUNDRY FACILITY- What makes this investment property unique of its kind is that it is being leased out to a SINGLE tenant that runs a Rehabilitation Facility as its residential unit for its clients paying a NNN lease with 3% increase in rent each year, currently signed till April, 2023, with one more option to extend till 2026. Cap rate of 6.00% in this area is extremely rare.
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Property details

Bathrooms
0 full, 0 partial
Lot size
15,681 sq ft lot
Type
Multi Family
Parking spaces
Garage (0), Carport (0), Uncovered (0)

Listing information

MLS #
190056502
Listed by
Hazel M. Rosete, Coldwell Banker Res Brokerage

MLS details

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Location

Neighborhood
Pacific Beach
County
San Diego County
4459 Fanuel St, San Diego, CA 92109

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