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$ 800,000
Est. payment | /mo
$ 800,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2604415
HOA Y/N No
Year Built 1982
Property Sub-Type Office
Property Description
SELLER FINANCING AVAILABLE! Five contiguous 2nd-floor office condos in a 19-unit complex, offered individually or as a portfolio. Units average ~419 SF, are currently leased month-to-month to diverse tenants (engineering, insurance, real estate, construction, and more), and rent for $400–$575/month. Each has been recently upgraded with new flooring, paint, lighting, and ceiling fans, plus a wall AC unit and (in most units) partitioned offices with a reception area. The complex offers 18 off-street parking spaces, floor-level common restrooms, and stairwell-only access (no elevator). HOA dues of ~$65–$75/month per unit cover water, sewer, trash, landscaping, common-area maintenance, and exterior security lighting; gas and electric are separately metered and tenant-paid. Seller prefers a two-party simultaneous 1031 exchange into a 4+ unit multifamily property (fixers preferred), but will also consider an outright sale — individually or as a portfolio — with seller financing available at 5–5.5% over a 10-year term.
Location
State CA
County San Diego
Area 91977 - Spring Valley
Zoning Commercial https://scout
Interior
Fireplace No
Building
Lot Description Level, Paved, Street Level
Story 2
Others
Tax ID 5012430921
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Trust Deed
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Trust Deed
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2604415
Listed by Max Delbecq Top Gun CRE maxd@topguncre.com, DRE #01964069
NEARBY SCHOOL & BUSINESS
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