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3525 Indiana Street

San Diego, CA 92103
  • $19,000,000
  • STATUS: Active
  • ON SITE: 175 Days
  • ID#: 240017868SD
$19,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Thomas Mccartin of Marcus & Millichap (818-212-2250)


Description

Price Reduced by $500,0000. Seller is willing to entertain offers. VERY ATTRACTIVE ASSUMABLE FINANCING (@2.5% fixed for 35 Years) AVAILABLE!! See below for details on the loan. Here is your chance to buy one of the nicest apartment buildings in Hillcrest/North Park (92103) zip code. Built in 2019 up to condo specs this property should prove to be a fantastic investment for someone looking for a passive, low maintenance apartment building located in one of San Diego's most desirable rental markets. Walk to everything! Average units are over 800 Square Feet with condo quality finishes including high end flooring, counters, cabinets, appliances & lighting. 28 Parking spaces including 21 under ground garage with security gate. The current HUD loan at $8,092,000 can be assumed. The rate is 2.5% Fixed for 35 years (2057). Take advantage of just about the lowest interest rate offered a few years ago and continue to pay down principal while maintaining what is sure to be solid rental growth.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. 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/153137404
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3525 Indiana Street San Diego, CA 92103

  • Price: $19,000,000
  • Status: Active
  • On Site: 175 Days
  • ID#: 240017868SD
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
92103 - Mission Hills
County:
San Diego
Area:
92103 - Mission Hills
Property Description
Price Reduced by $500,0000. Seller is willing to entertain offers. VERY ATTRACTIVE ASSUMABLE FINANCING (@2.5% fixed for 35 Years) AVAILABLE!! See below for details on the loan. Here is your chance to buy one of the nicest apartment buildings in Hillcrest/North Park (92103) zip code. Built in 2019 up to condo specs this property should prove to be a fantastic investment for someone looking for a passive, low maintenance apartment building located in one of San Diego's most desirable rental markets. Walk to everything! Average units are over 800 Square Feet with condo quality finishes including high end flooring, counters, cabinets, appliances & lighting. 28 Parking spaces including 21 under ground garage with security gate. The current HUD loan at $8,092,000 can be assumed. The rate is 2.5% Fixed for 35 years (2057). Take advantage of just about the lowest interest rate offered a few years ago and continue to pay down principal while maintaining what is sure to be solid rental growth.
Exterior Features

Carport Spaces 7 Carport YN Yes Construction Materials BlockStucco Parking Total 28 Roof Composition

Interior Features

Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Association Fee 0 Cap Rate 2.44 Gross Scheduled Income 863400 Listing Agreement Exclusive Right To Sell Net Operating Income 446194 Operating Expense 410387 Property Sub Type Mixed Use



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. 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): Thomas Mccartin of Marcus & Millichap (818-212-2250)