2959 54th St, San Diego, CA 92105

Property Description

***SEE ATTACHED FLYER FOR COMPLETE DETAILS*** Available for sale is an opportunity to purchase a 12 unit renovated apartment complex on 54th Street in San Diego. The complex is located on 54th Street about 1 mile North of the 94 Freeway in the City Heights neighborhood of San Diego. The complex is comprised of 3 separate buildings each with 4 units. Each 2 story building houses 4 units with a generous mix of 2 and 3 bedroom units. The property offers cost saving features including zero-scape landscaping and individual hot water heaters leaving very low common area utility expenses. The units are all fitted with individual gas & electric meters and each unit has their own City trash can to save on the cost of professional trash service. Aggressive commercial financing is readily available for apartments in San Diego making this a viable investment. The buildings have gone through a complete exterior renovation totaling over $200,000 and several of the interiors have been renovated as well. Available for sale is an opportunity to purchase a 12 unit renovated apartment complex on 54th Street in San Diego. The complex is located on 54th Street about 1 mile North of the 94 Freeway in the City Heights neighborhood of San Diego. The complex is comprised of 3 separate buildings each with 4 units. Each 2 story building houses 4 units with a generous mix of 2 and 3 bedroom units. The property offers cost saving features including zero-scape landscaping and individual hot water heaters leaving very low common area utility expenses. The units are all fitted with individual gas & electric meters and each unit has their own City trash can to save on the cost of professional trash service. Aggressive commercial financing is readily available for apartments in San Diego making this a viable investment. The buildings have gone through a complete exterior renovation totaling over $200,000 and several of the interiors have been renovated as well . The renovatio...