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$6,750,000
Est. payment /mo
14 Beds
7,370 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 7,370 sqft
Price per Sqft $915
MLS Listing ID 250041680
Bedrooms 14
Lot Size 0.298 Acres
Lot Dimensions 98x128
Property Sub-Type Com-Res Income
Property Description
Seller will Carry with $1,250,000 Downpayment...VALUE ADD, Legacy Property, 'Marlborough Arms' is a Unique Vintage Style 11 Unit Rental Community Located in Kensington Heights, One of the Most Vibrant Rental Districts in Metro San Diego. A Once in a Lifetime Opportunity to Acquire the Landmark Income Property Consisting of (SIX) 1 Bed 1 Bath Apartments AND (FIVE) 2 Bed 1 Bath Apartments PLUS ADD (9) Studios Currently Under the City PERMIT PROCESS, Current YEARLY Income is Approximately $308,300, PLUS A Common Area Laundry, Situated on a 98x135 Corner Lot with an Alley.
Location
State CA
County San Diego
Area Metro Uptown
Direction On the corner of Marlborough Dr & Hilldale Rd, 6 Blocks North of Adams Ave.
Interior
Heating Wall
Cooling Wall/Window
Flooring Slab, Wood
Fireplace No
Laundry Owned
Exterior
Parking Features Garages
View Y/N No
Roof Type Composition
Building
Dwelling Type Apartment
Story 2
Others
Tax ID 440-180-04-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/230023146
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Listed by Joe Carta Joe Carta Realty
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