1926-1942 Fortuna Ave, San Diego, CA 92109 - MLS#240021937

San Diego, CA 92109,1926-1942 Fortuna Ave

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Nicole Hazelton

[email protected] +1(619) 206-1892

$3,720,000

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UPDATED:

09/16/2024 07:21 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240021937

Property Description

Nestled within the vibrant Crown Point neighborhood of San Diego, California, lies 1926-1942 Fortuna Avenue, a strategically positioned residential apartment complex comprising eight apartment units. Situated just a block away from the picturesque Mission Bay and a mere 1.5 miles from the sandy shores of Pacific Beach, this property boasts a prime location. With four out of the eight units completely renovated and successfully achieving market rents, there is a compelling opportunity to capture the rest of the value-add potential. Completing the renovation of the remaining four (4) units present an exciting prospect for further enhancement, allowing the property to realize its maximum value. Additionally, there is the attractive possibility of integrating accessory dwelling units into the project, thereby increasing its income-generating capabilities.

Location

State CA

County San Diego

Area Pacific Beach (92109)

Building

Story 2

Others

Space Rent $251,208

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Listed by Ray Adams • Ray Adams Investment Real Estate Inc

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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