Address:
3838 Marlborough Ave
San Diego, CA 92105
Property Type:
Purchase Price:
Total Units:
Price Per Unit:
Rentable SF:
Price Per SF:
Cap Rate:
GRM:
Apartments
$1,540,000
8
$192,500
6,288
$244
4.46%
12.74
Property Description
The Marlborough Avenue Apartments, an eight-unit multi-family property in City Heights was sold for $1,540,000 or $192,500 per unit. The building was built in 1980 and is comprised of four (4) two bed / two bath, two (2) two bed / one and one half bath and two (2) one bed / one bath units totaling 6,288 square feet. In addition to significant upside in rents, this property has ample off-street parking, on-site laundry, tenant storage lockers as well as private patios & balconies for select units.
Contact Information
Nic Lyon
Senior Director
Direct: 760.230.4811
Fax: 760.944.9119