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5747 Lauretta St, San Diego, CA 92110
Priced at Only: $4,450,000
For more Information Call Mobile: 714.478.6676
Address: 5747 Lauretta St, San Diego, CA 92110
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  • MLS#: 250019244SD ( Commercial/Residential )
  • Street Address: 5747 Lauretta St
  • Viewed: 6
  • Price: $4,450,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 49
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92110
  • Provided by: Acre Investment Real Estate
  • Contact: Bill Bill
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present THE PALMS, a 12 unit multifamily investment opportunity in the highly desirable Linda Vista neighborhood of central San Diego. The property is ideally positioned across from the University of San Diego (USD) and offers exceptional long term value in a walkable, amenity rich location. Originally built in 1962, The Palms underwent a major renovation in 2017, modernizing both interior and exterior features while preserving its mid century charm. The property sits on a spacious 9,984 square foot lot and consists of ten (10) one bedroom, one bath units, and two (2) studio units, totaling approximately 6,350 rentable square feet. Each unit is individually metered for gas and electricity, ensuring cost efficient operations for ownership. Fully renovated interiors featuring modern granite countertops, new cabinetry, stainless steel appliances (refrigerator, range, built in microwave, and dishwasher), luxury vinyl wood plank flooring, updated bathroom vanities, fixtures, lighting, and fresh paint. One unit is equipped with an in unit washer and dryer, and new plumbing was installed on the first floor of Building 1. Upgraded exterior and community amenities, including dual pane retrofit windows, new roof (2017), fresh exterior paint, an enhanced pool area and deck with new concrete, fencing, patio furniture, and updated landscaping. The property also features controlled access entry, an on site owner operated laundry facility, and six (6) added storage units for additional revenue potential.
Features
Country
  1. US
Netoperatingincome
  1. 179582.00
Parcel Number
  1. 4365811900
Property Type
  1. Commercial/Residential
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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