4366 Menlo Avenue new

San Diego,CA 92115

$ 17500000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250018400SD

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

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