4567 Texas St
San Diego, CA 92116
The Ray · Multifamily Property For Sale · 15 Units
![4567 Texas St, San Diego, CA for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/MiyUFj1hUoKEOaCaFcTrXD2HVT8YLmRyYkDC05k8ZzY/110/4567-Texas-St-San-Diego-CA-Building-Photo-1-Large.jpg)
PROPERTY FACTS
No. Units | 15 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.16 AC |
Building Size | 5,641 SF |
Average Occupancy | 93% |
No. Stories | 2 |
Year Built/Renovated | 1960/2019 |
Parking Ratio | 2.55/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Family Room
- Freezer
- Quartz Countertops
SITE AMENITIES
- Courtyard
- Grill
ABOUT 4567 TEXAS ST , SAN DIEGO, CA 92116
We are pleased to exclusively present a 15-unit property for sale. 4567 Texas Street is a luxury asset on the border of two of San Diego’s most lucrative rental markets, University Heights and North Park. Constructed in 1960, this property rests on a 7,009 SF lot with 5,278 rentable SF. This property is comprised of 14 studio / one-bathroom units and 1 one-bedroom / one-bathroom unit. The exterior of this property has just undergone an extensive renovation along with the interiors of only one units, presenting upside for the new owner. Tenants enjoy a private courtyard, rooftop deck, secure gated access, and on site laundry. North Park brings electric elements that no other neighborhood has. There is a variety of different restaurants, bars, cafes, and entertainment for every night of the week. This sale lends investors to be the proprietor of a rare complex in two of San Diego’s best rental markets. North Park and University Heights continue to bring in the highest quality and most desirable tenants. Increasing market rents and demand throughout the city will continue to keep the low vacancy at this property with a steady increase in rents.
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 14 | $1,128 | 380 |
1+1 | 1 | $1,230 | 551 |
LINKS
PROPERTY TAXES
Parcel Number | 445-161-07 | Improvements Assessment | $1,307,449 |
Land Assessment | $2,358,842 | Total Assessment | $3,666,291 |
ZONING
Zoning Code | RM-2-5 |
Learn More About Investing in Apartment Buildings
Listing ID: 17397103
Date on Market: 10/8/2019
Last Updated:
Address: 4567 Texas St, San Diego, CA 92116
The North Park Multifamily Property at 4567 Texas St, San Diego, CA 92116 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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