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    5201 Naranja Street

    San Diego, CA 92114
    • $1,950,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 200049616
    UPDATED: 21 min ago
    $1,950,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    5201-5211 Naranja Street is located in the growing community of Encanto, San Diego. This property is situated on a 16,561 square foot parcel and has an above average unit mix totaling 6,236 square feet. Out of 10 units, five (5) units are 2 bedroom 1 bathroom, four (4) units are 1 bedroom 1 bathroom and the final unit is a 3 bedroom 1.5 bathroom. This property is also considered rare in the sense that no two units share walls, allowing for higher rental rates and better tenant relationships. This property is situated in the opportunity zone for San Diego, allowing new ownership to come in and reap the benefits. This is a true value-add opportunity in a market full of overvalued product. Get your offers in quickly, this one won+GGt last on the market long! This property is being sold with the adjacent parcel 548-052-09.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-01T19:31:16.587. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

    www.thealvaradobrothers.com/homes/111312879
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    5201 Naranja Street San Diego, CA 92114

    • Price: $1,950,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: 200049616
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    92114 - Encanto
    County:
    San Diego
    Area:
    92114 - Encanto
    Property Description
    5201-5211 Naranja Street is located in the growing community of Encanto, San Diego. This property is situated on a 16,561 square foot parcel and has an above average unit mix totaling 6,236 square feet. Out of 10 units, five (5) units are 2 bedroom 1 bathroom, four (4) units are 1 bedroom 1 bathroom and the final unit is a 3 bedroom 1.5 bathroom. This property is also considered rare in the sense that no two units share walls, allowing for higher rental rates and better tenant relationships. This property is situated in the opportunity zone for San Diego, allowing new ownership to come in and reap the benefits. This is a true value-add opportunity in a market full of overvalued product. Get your offers in quickly, this one won+GGt last on the market long! This property is being sold with the adjacent parcel 548-052-09.
    Property Features

    Cap Rate 4.03 Country Us Gross Scheduled Income 139068.00 Operating Expense 54924.00 Property Sub Type Commercial/Residential Total Monthly Rent 11589

    Listing provided courtesy of Anthony Burman of Apartment Consultants, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-01T19:31:16.587. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

     
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