4088 Crown Point Drive

Pacific Beach, CA, 92109

$11,775,000

$786 per ft²
$11,775,000
$786 per ft²
Active
Active
 - For Sale
beds
3 Beds
carpenters-square
14,964 ft²
property_type
Other
Rare Opportunity to acquire 20 Bay Front Apartment Units in the Crown Point section of Pacific Beach! Long Term Ownership has done an exceptional job in maintaining and improving the building over the years. Many recent Capital Improvements should ensure a property with little to no deferred maintenance. Great unit mix of mostly 2BR/2Bath units. Plenty of off-street parking spaces. Immediate Upside in income (Low Rents, Currently no Utility Reimbursement Program in Place, Tenants not paying for parking, etc.). Long term tenants. New Windows & Sliders, New Roof 2022, Multiple Units upgraded with new flooring, appliances, cabinets, etc. Seller may consider Financing a 1st or 2nd Note.
MLS® ID:
230002968
Listed:
2/13/23
Updated:
3/21/23
The Agency
The Savory Group
Mobile: 619-800-0289Email: jeannine@thesavorygroup.com

Interior Features

Kitchen Appliances
Dishwasher, Range, Refrigerator, Disposal
Total Bedrooms
3
Total Bathrooms
0
Laundry Description
Leased

Exterior/Building Features

Lot Size
10,018 ft² lot
Roof
Composition

Other Property Details

Area Name
Coastal South
Association Amenities
Elevator
Garage
No
Parking
Carport, Spaces
Parking Total
29.0
View
N
County
San Diego
Pool
No
Total Stories
4
Zoning
Commercial
Buyer Agency Compensation
1.0

Courtesy of Marcus & Millichap, Thomas McCartin,
Listing Contact: 858-373-3100 

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. 

© 2023 San Diego Multiple Listing Service. All rights reserved. 

Data last updated 8:01 PM UTC, 3/21/23

The Agency
The Savory Group
Mobile: 619-800-0289Email: jeannine@thesavorygroup.com
Contact