Property Detail

Description

This property at 3770 Georgia Street is a very charming well-maintained pride of ownership multifamily property. Located in the Hillcrest neighborhood of San Diego, CA, one of San Diego’s best performing submarkets, it consists of eight (8) one-bedroom apartments and six (6) single car garages. Built in 1929, property offers potential historic designation featuring vintage Spanish Colonial Revival architecture with Heavy Adobe Bumpy wall stucco, mission style arched doors and windows, and wrap around staircases. Property is offered for sale for the first time in nearly thirty years. • A+ San Diego Location: Hillcrest / 92103 • Very Well-Maintained Clean Asset • Vintage Spanish Style Architecture • Highly Desirable Charming Sunny Apartments • 9-Ft Coved Ceilings, Hardwood Floors, Some with Views • Value-Add Opportunity: Good Upside Potential in Rents • All Apartments Individually Metered for Gas and Electricity • Six Garages; On-site Laundry • Close Proximity to Balboa Park, Mission Hills & North Park • ProForma Cap Rate: 5.77% / ProForma GRM: 12.26 • Drive-by only, do not disturb tenants