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3710 Madison Avenue San Diego, CA 92116
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Key Details
Sold Price $2,244,250
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240014829SD
Lot Size 6,947 Sqft
Property Description
POSSIBLE SELLER FINANCING. Excited to present 3710 Madison Ave, a fantastic value-add investment that offers an investor 70% upside in rents in the rapidly accelerating rental market of Normal Heights. The 6,660 square foot structure built in 1959 is situated on a 6,947 square foot lot just over a block from Adams Avenue. The property features eight 2 Bedroom / 1 Bath units, each averaging over 800 square feet. Half of the units have been recently renovated with new flooring and kitchens. In addition, the property offers a common laundry space with leased washer/dryer and 10 surface parking spaces. Please do not walk on the property or disturb tenants.
Location
State CA
County San Diego
Area 92116 - Normal Heights
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Bought with Benn Vogelsang • NorthMarq Multifamily
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