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3016 3018 Suncrest Drive

San Diego, CA 92116
  • $3,750,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: PTP2501321
UPDATED: 36 min ago
$3,750,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Listing Agent(s): David Rose of Dream Makers Realty (619-497-2999)


Description

Suncrest Townhomes presents an incredible opportunity to own 8 updated 2 bedroom spacious units located 1 block off of Adams Avenue in the trendy neighborhood of University Heights. The property boasts 6,878 gross livable square feet situated on a huge 12,000+ square foot lot complete with covered parking for each unit. All units have washer / dryer hook ups and are separately metered for both water and SDG&E. Each property benefits from a patio or balcony for tenants to enjoy the indoor / outdoor California lifestyle. Property located walking distance to area shops, bars and restaurants that line Adams Ave. and a stones throw to the 805 and 8 freeways. Plenty of upside potential in current rents or development opportunity on an oversized lot.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T23:27:21.48. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160719527
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3016 3018 Suncrest Drive San Diego, CA 92116

  • Price: $3,750,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 36 min ago
  • ID#: PTP2501321
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1989
Built
Neighborhood:
92116 - Normal Heights
County:
San Diego
Area:
92116 - Normal Heights
Property Description
Suncrest Townhomes presents an incredible opportunity to own 8 updated 2 bedroom spacious units located 1 block off of Adams Avenue in the trendy neighborhood of University Heights. The property boasts 6,878 gross livable square feet situated on a huge 12,000+ square foot lot complete with covered parking for each unit. All units have washer / dryer hook ups and are separately metered for both water and SDG&E. Each property benefits from a patio or balcony for tenants to enjoy the indoor / outdoor California lifestyle. Property located walking distance to area shops, bars and restaurants that line Adams Ave. and a stones throw to the 805 and 8 freeways. Plenty of upside potential in current rents or development opportunity on an oversized lot.
Exterior Features

Carport Spaces 12 Carport YN Yes Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 8 Open Parking Spaces 2 Parking Total 14 Pool Features None Pool Private YN No Property Attached YN Yes Spa YN No View YN No

Interior Features

Common Walls No One AboveNo One Below Cooling YN No Fireplace YN No Heating YN No

Property Features

Association Fee 0 Association YN No Cap Rate 2.75 Community Features Dog ParkGutter(s)Sidewalks Contingency None Fuel Expense 273 Garage YN No Gross Income 202160 Gross Scheduled Income 203491 Insurance Expense 5021 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 103084 New Construction YN No New Taxes Expense 46875 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 8 Operating Expense 100406 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 6560 Water Sewer Expense 1931 Zoning R-2:MINOR MULTIPLE



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T23:27:21.48. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): David Rose of Dream Makers Realty (619-497-2999)