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4119 Florida St
San Diego, CA 92104

Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,925 SF
No. Stories 2
Year Built 1987
Parking Ratio 1.35/1,000 SF

About 4119 Florida St , San Diego, CA 92104

The Zorbas Group of Marcus Millichap is pleased to present for sale 4119 Florida Street, a very well maintained 8 unit multifamily community located in University Heights. Constructed in 1987, this condo-quality property is comprised of three one-bedroom/one-bathroom units and five two-bedroom/two-bathroom units, totaling approximately 5 924 square feet. The property is located in University Heights, a neighborhood considered to be at the forefront of rental growth in San Diego County. The property’s location is ideally located within close proximity to Hillcrest, North Park, Downtown, Balboa Park, San Diego Airport, and Mission Valley. Residents enjoy living just steps away from Park Blvd and El Cajon Blvd, major thoroughfares in the neighborhood that provide access to countless retailers, restaurants, and bars. As such, the property boasts a walk score of 89 points, considered "Very Walkable". This property presents an opportunity for an investor to purchase a true value add investment in a strong rental submarket. Offered free and clear of debt, allowing investors the opportunity to take advantage of today’s historically low-interest rates

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - 600
2+2 5 - 825

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
445-511-13
Land Assessment
$2,144,403
Improvements Assessment
$761,262
Total Assessment
$2,905,665

zoning

Zoning Code RM-3-7
RM-3-7
  • Listing ID: 18314714

  • Date on Market: 1/27/2020

  • Last Updated:

  • Address: 4119 Florida St, San Diego, CA 92104

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