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$ 2,295,000
Est. payment | /mo
6 Beds
10 Baths
6,510 SqFt
$ 2,295,000
Est. payment | /mo
6 Beds
10 Baths
6,510 SqFt
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 6,510 sqft
Price per Sqft $352
MLS Listing ID 2601141
Bedrooms 6
Full Baths 6
Property Sub-Type Com-Res Income
Property Description
Pleased to present the pricing and analysis for 3670 Altadena Avenue, a 10-unit multifamily property located in the heart of Chollas Creek, one of San Diego's centrally located and steadily evolving rental submarkets. The property features a unit mix of ten (10) large one-bedroom/one-bathroom units averaging approximately 650 square feet, with floorplans that offer potential for reconfiguration into two-bedroom units. Built in 1976, the property offers practical layouts that appeal to singles, couples, and long-term tenants. All roofs have been fully replaced within the last three years. Additionally, Altadena Avenue is in a designated Opportunity Zone, allowing buyers to potentially benefit from significant federal tax incentives, including deferral and reduction of capital gains taxes. This makes the property an attractive investment for those seeking both long-term growth and tax advantages. With the area's growing population and increasing demand for well-located, affordable rental housing, 3670 Altadena Avenue presents an excellent opportunity for investors seeking a value-add asset with solid fundamentals in a dynamic and accessible submarket of San Diego County.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Fireplace No
Exterior
View Y/N No
Total Parking Spaces 14
Building
Story 2
Others
Senior Community No
Tax ID 471-810-27-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/2601141
Listed by Michael Robert Greiner, DRE#01844828 CBRE
NEARBY SCHOOL & BUSINESS