Active
1707 Chalcedony St
Pacific Beach CA, 92109
$7,995,000
$715.76 per sqft
Active
3 Beds
11,170 sqft
Commercial
Perfect portfolio addition! Ownership is now in the 3rd generation of the same family, so here is your opportunity to acquire a VERY rare offering in North Pacific Beach! Priced well below estate appraisals for immediate sale, these two 16-unit buildings are available on the same block with just one property separating. They are being offered individually or as a pair for the perfect 32-unit acquisition. Excellent unit mix along with great onsite parking. The properties have been professionally managed for a very long time, including highly involved onsite managers. The vast majority of the units have been remodeled and project a current coastal tenant living expectation. Each has an onsite laundry facility, as well as video surveillance. The properties are uniquely set in a multifamily to single family transition neighborhood area, so the overall location feel is far superior to many PB offerings. The asset definitely has "value add" options for future income growth. This property exudes a pride of ownership location and a "Legacy" label, considering the long-term ownership history is clearly appropriate. Excellent documented history for income and expenses, including invested capital and maintenance costs, is available through the well-respected property management firm for the future owner. Call for additional details!
240009994
MLSⓇ ID
May 7, 2024
Listed
October 2, 2024
Updated
Map
1707 Chalcedony St
Pacific Beach CA, 92109
Interior Features
Total Stories
2
Bedrooms
3
Laundry Description
Leased
Floor Description
Other
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Radiant
Exterior/Building Features
Lot Size
0.3 Acres
Roof
Other
Other Property Details
Area Name
Coastal South
Taxes
$80,661
Tax Frequency
Annually
Days on Market
135
Garage
No
Parking
Spaces
Parking Total
16
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/18/2024 | Price change | $7,995,000 -9% |
Listed by eXp Realty of California, Inc, Ken Pecus,
Listing Contact: 619-675-0123
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Data last updated 4:57 AM UTC, 10/2/2024