Morena District Mixed – Use Building
Recently Closed
$1,500,000
Description
- Asking Price: $1,559,000 / Purchase Price $1,500,000
- Current CAP Rate 3.13%, Pro Forma CAP Rate: 8.32%
- Perfect for a Business Operator, Owner User or Investment Opportunity
- 4 Freestanding Buildings Situated on 2 Parcels of Land Totaling 20,721 SF
- Located Across the Street from The University of San Diego (USD)
- All Tenants Have Month to Month Lease Agreements
- 5 Apartments, 4 Offices, 1 Detached SFR & 1 Fenced Outside Storage Space
- Development Opportunity-Zoned CC-4-2
- The Franco Realty Group Represented the Seller of the Real Estate