4626 4632 College Ave, San Diego, CA 92115

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List Price
$1,175,000
Status
ACTIVE
MLS#
PTP2608390
Year Built
1940
Lot Location
Garden, Landscaped, Near Public Transit, Walkstreet, Yard
Days on Market
2
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

**VALUE-ADD MIXED-USE INVESTMENT | FOUR DETACHED COTTAGES + COMMERCIAL KITCHEN + BILLBOARD INCOME!** Unique investment opportunity in San Diego's College Area, less than one mile from SDSU. Features four detached 1BR/1BA cottages, commercial kitchen with covered patio, income-producing billboard, individual metering, and three off-street parking spaces on a ±4,233 SF lot. Offers renovation and rental upside with multiple income sources. Convenient access to SDSU Transit Center, Interstate 8, shopping, and dining. CC-3-10 zoning with potential Complete Communities FAR Tier 3 redevelopment opportunities, subject to City approval. Buyer to verify all information.

Additional Information

Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$120,335
Operating Expense
33330

Listing courtesy of Listing Agent: Mike Conger (team@caacre.com) from Listing Office: Commercial Asset Advisors.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.