$ 3,720,000
1926-1942 Fortuna Ave San Diego, CA 92109
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,720,000
Est. payment /mo
Active
1926-1942 Fortuna Ave San Diego, CA 92109
UPDATED:
09/16/2024 07:21 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240021937
Property Description
Nestled within the vibrant Crown Point neighborhood of San Diego, California, lies 1926-1942 Fortuna Avenue, a strategically positioned residential apartment complex comprising eight apartment units. Situated just a block away from the picturesque Mission Bay and a mere 1.5 miles from the sandy shores of Pacific Beach, this property boasts a prime location. With four out of the eight units completely renovated and successfully achieving market rents, there is a compelling opportunity to capture the rest of the value-add potential. Completing the renovation of the remaining four (4) units present an exciting prospect for further enhancement, allowing the property to realize its maximum value. Additionally, there is the attractive possibility of integrating accessory dwelling units into the project, thereby increasing its income-generating capabilities.
Location
State CA
County San Diego
Area Pacific Beach (92109)
Building
Story 2
Others
Space Rent $251,208
Listed by Ray Adams • Ray Adams Investment Real Estate Inc