REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,600,000
Est. payment | /mo
3 Beds
3 Baths
5,975 SqFt
$ 3,600,000
Est. payment | /mo
3 Beds
3 Baths
5,975 SqFt
Key Details
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,975 sqft
Price per Sqft $602
MLS Listing ID 250029812
Bedrooms 3
Property Sub-Type Com-Res Income
Property Description
REDUCED PRICE! Please contact the listing agent for the Offering Memorandum. Adelle Mar Apartments is a prime multifamily investment opportunity located in the highly desirable coastal community of Pacific Beach, San Diego. This well-maintained asset features an attractive unit mix comprising two studios, seven one-bedroom/ one-bath units, and one two-bedroom/one-bath unit. The property has benefited from recent capital improvements and major building system upgrades, with select units receiving moderate interior renovations. For investors seeking value-add potential, there is significant upside through a comprehensive renovation program that could substantially increase rental income. Strategically located west of Interstate 5 and within walking distance to Mission Bay and Mission Bay Park—a 4,600-acre aquatic recreation area—Adelle Mar Apartments offers residents easy access to scenic beaches, outdoor activities, and an array of popular local restaurants, retail, and entertainment options. The neighborhood maintains a quiet, beach-town atmosphere with plentiful street parking. DO NOT WALK THE PROPERTY WITHOUT THE LISTING BROKER PRESENT. TENANTS ARE NOT AWARE OF THE BUILDING SALE. PLEASE DO NOT APPROACH OR DISTURB ANY OF THE TENANTS.
Location
State CA
County San Diego
Area Coastal South
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Tax ID 424-122-08-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/250029812

Listed by Eric D Comer Eric D. Comer, Broker
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