Pending

5050 Marlborough Dr. (-70)

Normal Heights CA, 92116

$4,995,000


$677.75 per sqft

Pending

14 Beds

7,370 sqft

Commercial

'Marlborough Arms' is a Unique Vintage Style 11 Unit Rental Community Located in Kensington Heights, One of the Most Vibrant Rental Districts in Metro San Diego. (Seller Financing: Seller Will Carry A First Trust Deed of $3,000,000 at 5% Interest Only Monthly Payments of $12,500 for 10 Years) A Once in a Lifetime Opportunity to Acquire the Landmark Income Property Consisting of (SIX) 1 Bed 1 Bath Apartments AND (FIVE) 2 Bed 1 Bath Apartments PLUS (9) 1 Car Garages, Current Monthly Income is Approximately $23,500, A Common Area Laundry, Situated on a 98x135 Corner Lot with an Alley.

230023146

MLS ID

November 30, 2023

Listed

February 15, 2024

Updated

Map

5050 Marlborough Dr. (-70)
Normal Heights CA, 92116

Interior Features

Total Stories

2


Bedrooms

14 Beds


Appliances

Range, Refrigerator


Laundry Description

Leased


Floor Description

Concrete, Wood, Hardwood, Vinyl, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.29 Acres


Lot Features

Part Landscaped


Roof

Composition

Other Property Details

Area Name

Metro Uptown


Days on Market

11


Garage

Yes


Parking

Garage


Parking Total

0


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

12/12/2023

Pending

Listed by Joe Carta Realty, Joe Carta,
Listing Contact: 619-227-0949 

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