Property Description

Perfect portfolio addition! Ownership is now in the 3rd generation of the same family, so here is your opportunity to acquire a VERY rare offering in North Pacific Beach! Priced well below estate appraisals for immediate sale, these two 16-unit buildings are available on the same block with just one property separating. They are being offered individually or as a pair for the perfect 32-unit acquisition. Excellent unit mix along with great onsite parking. The properties have been professionally managed for a very long time, including highly involved onsite managers. The vast majority of the units have been remodeled and project a current coastal tenant living expectation. Each has an onsite laundry facility, as well as video surveillance. The properties are uniquely set in a multifamily to single family transition neighborhood area, so the overall location feel is far superior to many PB offerings. The asset definitely has “value add” options for future income growth. This property exudes a pride of ownership location and a “Legacy” label, considering the long-term ownership history is clearly appropriate. Excellent documented history for income and expenses, including invested capital and maintenance costs, is available through the well-respected property management firm for the future owner. Call for additional details!

Features
: Radiant
: None
: Spaces
: Other
: Leased
Address Map
US
CA
SD
Pacific Beach
92109
Chalcedony St
1707
W118° 45' 36.6''
N32° 48' 16.9''
Head West on Garnet Ave, go R on Lamont St, L on Chalcedony.
Coastal South
Additional Info
eXp Realty of California, Inc
Additional Information
: Stucco, Stone, Drywall
: Two
16
2
https://show.tours/v/Dgx LPs2
Financial
80661
Listing Information
2080
992145
ACTIVE
2024-09-19T21:38:37Z
sdmls
: N/K

Residential Income Additional

1707 Chalcedony St, Pacific Beach Ca 92109

3 Bedrooms
11,170
$7,995,000
Listing ID #240009994
Basic Details
Property Type : Residential Income Additional
Listing Type : For Sale
Listing ID : 240009994
Price : $7,995,000
Bedrooms : 3
Square Footage : 11,170
Lot Area : 0.30 Acre
Status : Active
Property Sub Type : Com-Res Income
Roof : Other
Contact Agent
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