Description

Proud to present to investors, the opportunity to purchase the 33rd Street Apartments (“The Property”) – an 8 unit offering in the desirable Normal Heights Community of San Diego. Located at 4774 33rd street, this 6,010 square foot lot is home to one, two story building constructed in 1985. The Property features an extremely rare and attractive unit mix that includes three, one-bedroom/one-bath units, and five, two-bedroom/two-bath units with tremendous upside in rents (7 out of 8 tenants are on month to month leases). Four of the units were recently renovated and include the finest interior upgrades. Other attributes include a secured gated entrance, washer/dryers in each unit, spacious units, and off-street parking for the tenant’s convenience. There are five assigned spaces in the rear of the building, as well as eight assigned spaces (three tandem and two single) in the front of the building. 33rd Street Apartments is located in one of central San Diego’s premier residential communities. The location offers residents the walkability of the vibrant Normal Heights neighborhood, with a walk score of 88 out of 100. Residents benefit from being one block away from the boutiques, restaurants and nightlife that line Adams Avenue, along with close access to freeways and employment opportunities.

Features

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• 0.14 Acres
• 2 Stories
• Number of Units: 8
• Price Per Unit: 399375
• SqFt of Improvement: 5272