Cash Flowing and Newer Construction. Large 31 unit (**3 of 31 units are not permitted**) apartment building located in San Diego. Seller is in process of adding additional legal unit (29 legal, 3 non-permitted) that will be a 3br/2bt. The subject property is built in 1990 and situated on a large 0.78 acre lot and is comprised of 16 2/1, 12 3/1, 2 1/1 and 1 studio apartment totaling approximately 23,930 square feet. In addition, there is on-site laundry facilities, undertuck parking spaces, and a dedicated office for on-site manager. The Delta Street Apartments are an opportunity for an owner to obtain a property with an excellent unit mix that cash flows strongly. In addition, this property sits in a historically low vacancy area that is close to major freeways, transportation, employment, and is minutes from Downtown San Diego.
Construction Materials: Frame