San Diego, CA 92116,3710 Madison Avenue
San Diego, CA 92116,3710 Madison Avenue
San Diego, CA 92116,3710 Madison Avenue
San Diego, CA 92116,3710 Madison Avenue
San Diego, CA 92116,3710 Madison Avenue
San Diego, CA 92116,3710 Madison Avenue
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$2,244,250

$2,650,000

15.3%
Est.Price: ?

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Est. payment /mo

6,947 Sqft Lot


SOLD DATE : 10/29/2024

Key Details

Sold Price $2,244,250

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240014829

Sold Date 10/29/24

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

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Benn Vogelsang • NorthMarq Multifamily
Bought with Benn Vogelsang • NorthMarq Multifamily
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