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2670 Figueroa Blvd
San Diego, CA 92109
Build-to-Rent Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Build-to-Rent | No. Floors | 2 |
| Apartment Style | Garden | Year Built | 1965 |
| Total Plot Size | 0.15 ac | Parking Allocation | 1.89/1,000 sq ft |
| Property Size | 3,700 sq ft | ||
| Use Class | R3 | ||
| No. Units | 4 |
| Property Type | Build-to-Rent |
| Apartment Style | Garden |
| Total Plot Size | 0.15 ac |
| Property Size | 3,700 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1965 |
| Parking Allocation | 1.89/1,000 sq ft |
| Use Class | R3 |
ABOUT 2670 FIGUEROA BLVD , SAN DIEGO, CA 92109
Marcus & Millichap is pleased to present 2670-72 Figueroa Boulevard, a four-unit apartment property located in the desirable beach community of Pacific Beach, in San Diego, California. The property is 1960s construction and has an excellent mix of one (1) 3BR/1BA cottage, two (2) 2BR/1.5BA units and one (1) 2BR/2BA unit. This unique property features off-street parking for five vehicles, two single-car garages, on-site laundry, and two of the units have small private patios. There is excellent cash flow with rental increases, however, the standalone home offers the potential owner/user a private live-in unit while renting out the additional apartments. Pacific Beach is bounded by La Jolla to the north, Mission Beach and Mission Bay to the south, Interstate 5 to the east and the Pacific Ocean to the west. While formerly largely populated by young people, surfers, and college students, because of rising property and rental costs the population is gradually becoming older and more affluent. "P.B.," as it is known as by local residents, is home to one of San Diego's more developed nightlife scenes, with a great variety of bars, eateries, and clothing stores located along Garnet Avenue and Mission Boulevard. This asset has enormous upside and will be easily re-positioned with renovations, as Pacific Beach will continue to be one of the best neighborhoods for real estate investors in San Diego County.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+2 | 3 | £1,750 | - |
| 3+1 | 1 | £1,900 | - |
PROPERTY TAXES
| Parcel Number | 417-291-14 | Improvements Assessment | £442,681 |
| Land Assessment | £729,123 | Total Assessment | £1,171,804 |
PROPERTY TAXES
