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$ 3,700,000
Est. payment /mo
New
3829 Marlborough Avenue San Diego, CA 92105
19 Beds
19 Baths
11,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 11,400 sqft
Price per Sqft $324
MLS Listing ID 260023699
Bedrooms 19
Full Baths 19
Property Sub-Type Com-Res Income
Property Description
We are pleased to present “Stonegate Manor,” a 19-unit multifamily community located in the City Heights neighborhood of San Diego, California.? Located at 3829 Marlborough Avenue, the property offers investors the opportunity to acquire a well-maintained asset with significant infrastructure improvements, upgraded unit interiors, abundant parking, and a highly efficient unit mix.? Built in 1972, the property is situated on an approximately 0.32-acre lot and is comprised entirely of nineteen (19) one-bedroom/one-bathroom units averaging approximately 600 square feet.? Ownership has completed substantial improvements to the property's major building systems, including a complete electrical rewire and upgraded plumbing systems.? These capital improvements provide a future owner with the benefit of modernized infrastructure while reducing the potential for significant near-term capital expenditures.? All unit kitchens and bathrooms have also been upgraded with quartz countertops, sleek cabinetry with brushed nickel hardware, stainless steel appliances, new paint, and faux wood flooring.? Additionally, the property offers abundant off-street parking for tenants, including three two-car garages and one single-car garage.? With its efficient unit mix, upgraded interiors, improved building systems, ample parking, and central San Diego location, “Stonegate Manor” represents an attractive opportunity to acquire a renovated multifamily asset in one of San Diego's established urban rental markets.?
Location
State CA
County San Diego
Area Metro Uptown
Zoning RM-1-1
Direction Property is fully occupied. Please contact listing agent: Austin Ray Huffman Austin.Huffman@marcusmillichap.com (858) 373-3122
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 4715412900
Listed by Austin Huffman, DRE#01981817 Marcus & Millichap
NEARBY SCHOOL & BUSINESS