5502 University
San Diego, CA 92105
Active for $3,680,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: N/A sqft
| MLS | 240013922SD |
| Year Built | |
| Property Type | Mixed Use |
| County | San Diego |
| Status | Active |
| Active | $3,680,000 |
| Structure Size | N/A sqft |
| Lot Size | N/A sqft |
| Beds | N/A |
| Baths |
Description
All the units are fully renovated with new appliances, hoodfans/microwaves, and vinyl flooring. Several units are updated with a brand-new Kitchen. All the units are updated with split unit A/C units. Unit mix; One 3bed/1 bath, Three 2bed/1bath, Six 1bed/1bath). Out of these units, one 2 bedroom and a one-bedroom unit are under the rent control agreement with current monthly rent capped at $1,900 and $1,600. Brand-new laundry room with new coin-operated machine. The laundry room currently has 2 washing machines and 2 dryers with no contract. Also, we have an assumable loan available at $1.5M loan at 3.3% rate. The addition plan includes 20 identical 480 sq ft 1 bed/1 bath units. We've successfully cleared a single disciplinary review with the Fire Department and are currently in the process of scheduling the Geotech report. Engineering plans are slated for final submission by the end of February. The architectural plan will be provided upon accepting an offer. Billboard on site for additional income.
Listing information courtesy of: Ron Chaquica, Keller Williams Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 09/21/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Jaylen Thompson
REALTOR®
Direct: 916.605.8491
Email: Email Me
DRE: 02206559
DRE #01873088
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