San Diego, CA 92116,3710 Madison Avenue
San Diego, CA 92116,3710 Madison Avenue
San Diego, CA 92116,3710 Madison Avenue
9
$2,244,250
$2,650,000
15.3%
Est.Price: ?

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6,947 Sqft Lot

3710 Madison Avenue San Diego, CA 92116

Est. payment /mo
SOLD DATE : 10/29/2024

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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

Sold Date 10/29/24

HOA Y/N No

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

Interior

Fireplace No

Exterior

Total Parking Spaces 8

Others

Tax ID 4406102000

Financing Cash

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California Regional MLS (CRMLS)
Listed by Benn Vogelsang • NorthMarq Multifamily
Bought with Benn Vogelsang • NorthMarq Multifamily

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Karen Anderson

Broker Associate | License ID: 01224307

+1(310) 251-2883

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