For Sale / CA / San Diego County / San Diego / 92115 / 4461 Menlo Ave

4461 Menlo Ave San Diego, CA 92115

  • For Sale $10,750,000

  1. 0 full, 0 partial baths
We are pleased to present the opportunity to acquire 4461-4479 Menlo Avenue, a thirty-six unit multi-family community constructed in 1965 and extensively renovated in 2019. This fully stabilized offering is located in the highly desirable Talmadge neighborhood of mid-city San Diego, California. This offering boasts an 89% two-bedroom unit mix and is comprised of (22) Two Bedroom / One Bath, (10) Two Bedroom / Two Bath foor plans and (4) Studios. The thirty-six units are situated within three separate apartment buildings. Each of the three buildings is positioned on a separate and contiguous parcel with respective utility metering. Investors are provided the option of purchasing the three buildings together or they can be purchased individually. Acquiring the buildings together allows investors the distinct advantage of selling the buildings off separately to capitalize on a future partial sale strategy.
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Property details

Bathrooms
0 full, 0 partial
Lot size
Type
Multi Family
Parking spaces
Garage (0), Carport (0), Uncovered (0)

Listing information

MLS #
200013236
Listed by
Kire Nastevski, Marcus & Millichap, BRE #01312183

MLS details

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Location

Neighborhood
Talmadge
County
San Diego County
4461 Menlo Ave, San Diego, CA 92115

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