Commercial-res IncomeFor Sale Price $1,495,000 4135-37 Chamoune Avenue
4135-37 Chamoune Avenue, San Diego, California 92105
We are pleased to present the Chamoune Avenue Apartments for sale, well located within the city of San Diego. The property consists of 5-units, including one detached 2 bedroom/1 bathroom home on the street side of the lot, and a fourplex on the alley side of the lot that includes four 1 bedroom/1 bathroom units. Across both buildings, there is a total of 3,351 gross building square feet, situated on a 6,248 SF lot (0.14 AC), and included there are 6 surface parking spaces for residents. The property has been very well maintained by ownership and has immediate rental upside for all units. This property is one of the lowest priced 5+ unit properties currently available on the market in San Diego, and could be a great fit for a 1031 exchange buyer, or anyone who is looking to add units to their portfolio. Additionally, this property could work well for a buyer who would like to live in one unit and rent out the rest for income.