Active

4344 Van Dyke Ave. Avenue N

East San Diego CA, 92105

$3,175,000


Active

Multi-family

9-unit apartment complex plus a proposed ADU located in the Kensington neighborhood of San Diego. The property was recently remodeled and features an ideal unit mix of three (3) two-bedroom/one-bath and five (5) one-bedroom/one-bath units totaling approximately 5,616 square feet plus one (1) proposed studio ADU. The two-story structure features a wood-frame, stucco exterior and a flat roof. New ownership has the potential to increase the rents nearly 30% for a significant value add opportunity. This property also allows for the new ownership to increase their net income by constructing an ADU in the garage. Current ownership has submitted permits to construct the ADU and shall have permits prior to closing allowing new ownership to begin construction post-acquisition immediately.

NDP2306602

MLS ID

August 23, 2023

Listed

September 30, 2023

Updated

Map

4344 Van Dyke Ave. Avenue N
East San Diego CA, 92105

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s), None


Heating

No

Exterior/Building Features

Lot Size

0.13 acres


Lot Features

Curbs, Sidewalks

Other Property Details

Days on Market

37


Garage

No


Parking

No


View

No


County

San Diego


Pool

No


Pool Features

None

Courtesy of RDI Group - Rocket Realty, Rocket Glass,
Listing Contact:  

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Data last updated 12:55 AM UTC, 9/30/2023

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