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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,500,000

Est. payment | -/mo

8 Beds

8 Baths

4,574 SqFt

Save

$ 2,500,000

Est. payment | -/mo

Save

8 Beds

8 Baths

4,574 SqFt

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 4,574 sqft

Price per Sqft $546

MLS Listing ID 260014578

Bedrooms 8

Full Baths 8

Property Sub-Type Com-Res Income

Property Description

Pleased to present the exclusive listing for 5752-58 Riley Street, an 8-unit value-add investment opportunity located in the highly desirable Morena submarket of San Diego, California. Originally constructed in 1958, the property offers classic architectural character featuring a pitched roof, low-maintenance common areas, and updated dual-pane vinyl windows installed throughout the building. The 4,574-square-foot property is situated on a 4,976 SF lot and consists of a diverse unit mix featuring (2) studios, (4) 1-bedroom / 1-bathroom units, and (2) 2-bedroom / 1-bathroom units. This specific unit mix caters perfectly to a broad urban tenant base, providing highly efficient layouts, including 1-bedroom floor plans that offer 76 more square feet of living space than nearby new construction, remaining consistently attractive to renters in the submarket. Current ownership has kept up on maintenance and completed a variety of capital improvements including LVP flooring, dual-pane vinyl windows in all units and passed SB721 inspection. Tenants amenities include on-site laundry, (5) off-street parking spaces and partial views of Mission Bay/Point Loma in select units.

Location

State CA

County San Diego

Area Metro

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Others

Senior Community No

Tax ID 436-581-13

Special Listing Condition Call Agent

Listed by Ben Sierpina, DRE#02062416 Marcus & Millichap

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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5752-5758 Riley St San Diego, CA 92110