4053 8th Ave | San Diego, CA 92103
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- LoopNet Team
4053 8th Ave
San Diego, CA 92103
Melrose Canyon Apartments · Multifamily Property For Sale · 52 Units
INVESTMENT HIGHLIGHTS
- Hillcrest Location With High Barriers to Entry
- Access to Major Employment Centers and Medical Clusters
- Value Add Offering With 8 Units Intentionally Held Vacant and a 52% Rental Upside
- Strong Unit Mix of 3, 2, and 1-Bedroom Units
- Excellent Multifamily Rental Market Fundamentals
- Complete Communities Development Potential
PROPERTY FACTS
| No. Units | 52 | Lot Size | 0.84 AC |
| Property Type | Multifamily | Building Size | 39,525 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.84 AC |
| Building Size | 39,525 SF |
| No. Stories | 4 |
| Year Built | 1970 |
| Parking Ratio | 1.29/1,000 SF |
UNIT AMENITIES
- Balcony
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 425 |
| 1+1 | 35 | - | 644 |
| 2+2 | 13 | - | 974 |
| 3+2 | 3 | - | 1,250 |
PROPERTY TAXES
| Parcel Number | 444-560-25 | Improvements Assessment | $2,418,639 |
| Land Assessment | $1,408,913 | Total Assessment | $3,827,552 |
PROPERTY TAXES
Parcel Number
444-560-25
Land Assessment
$1,408,913
Improvements Assessment
$2,418,639
Total Assessment
$3,827,552
ZONING
| Zoning Code | MR8B, San Diego |
| MR8B, San Diego |
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