4459 Fanuel St, San Diego CA 92109 | $6,888,888

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 0
  • Year Built: 0
  • MLS#: 363583008
  • Community:

Listing provided courtesy of Hazel Rosete of Coldwell Banker Res Brokerage. Last updated 2020-02-21 09:42:45.000000. Listing information © 2020 SANDICOR.

Rarely available RENOVATED 17 UNIT Apartment COMPLEX Situated IN THE HEART OF San Diego's Pacific Beach~ EACH UNIT IS A STUDIO APARTMENT LIVING~WELL MANICURED COURTYARD~9 OFF STREET PARKING + ONE SINGLE GARAGE~COMMUNITY LAUNDRY FACILITY~ What makes this investment property unique of its kind is that it is being leased out to a SINGLE tenant that runs a Rehabilitation Facility as its residential unit for its clients paying a NNN lease with 3% increase in rent each year, currently signed till April, 2023, with one more option to extend till 2026. Cap rate of 6.00% in this area is extremely rare.

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Valerie Upham

Call or Text: 858-761-7890