3893 Imperial Ave, San Diego, CA 92113 (MLS # 180066310)

Save to Favorites
Print
Share
PRICE $1,115,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 16,146 sqft

CURRENT 6% CAP RATE. RECESSION PROOF LONG TERM CASH FLOW. NEWLY LEASED. 2 PARCELS. OPPORTUNITY ZONE. Pleased to announce one of the best stabilized cash flow properties on the market. The offering consists of a NEWLY LEASED mixed-use building anchored by a recession proof retail tenant. Property is complemented by a newly leased, fully renovated, 3 bedroom residential unit pumping in over $67k combined in Net Operating Income. Retail tenant has been in the monument / headstone industry for over 30 years with great credit and is on a brand new (7) year lease with (7) yr option including 3% annual increases. Located across the street from Mt Hope cemetery ensures sustainability over the long term. With everything being fully renovated, this property is packaged up perfectly to be a low maintenance, hassle free investment vehicle with above market cash flow. Perfect for 1031 or passive long term investor. property sits in an opportunity zone, allowing for amazing tax benefits for a long term investor.

DAYS ON MARKET 5 LAST UPDATED 12/5/2018
YEAR BUILT 0 COMMUNITY LOGAN HEIGHTS
COUNTY San Diego STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA LOGAN HEIGHTS
LOT 0.37 acre(s)
STORIES 1
ZONING CC-3-4
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
 
*Estimate only
Listed with Beal Real Estate

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©2018 Sandicor®, Inc.

Properties on this website was last updated as recently as 12/10/18 7:29 AM PST.

This IDX solution is (c) Diverse Solutions 2018.


SATELLITE VIEW



 
CONTACT US ABOUT 3893 IMPERIAL AVE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Jeffrey Rowling to contact you even if your name is on a Federal or State "Do not call List".