3
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$3,960,000
Est. payment /mo
Active
5406 5418 Imperial Ave San Diego, CA 92114
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2504104
HOA Y/N No
Year Built 1973
Property Description
Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.
Location
State CA
County San Diego
Area 92114 - Encanto
Zoning RM-3-7
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
Utilities Available Cable Connected, Electricity Connected, Underground Utilities
View Y/N Yes
View City Lights, Landmark
Total Parking Spaces 33
Private Pool No
Building
Lot Description Near Park, Paved, Rectangular Lot
Story 2
Sewer Public Sewer
New Construction No
Others
Senior Community No
Tax ID 5480901000
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Michael Conger Commercial Asset Advisors [email protected]
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