4286 Morrell St San Diego, CA 92193

$1,375,000
4286 Morrell St, San Diego, CA 92193
180012829

Property Information

  • $1,375,000
  • Commercial
  • Taxes are $16,083
  • Income
  • Active
  • San Diego, CA
  • Pacific Beach Neighborhood
  • San Diego County
  • MLS/Web ID is 180012829

 Virtual Tour

Description

4286-88 Morrell Street is a six (6) unit multifamily property located in the heart of Pacific Beach. The 4, 278 square foot property is comprised of six studio apartments. All units have been upgraded with new cabinetry, refrigerators, tile flooring, and one unit has been refitted with a newly remodeled kitchen and bath. in addition, the property has recently been repainted. This property is an opportunity for an investor to purchase a solid investment in a strong rental sub market. With upside in rents, and the possibility to maximize rental income by converting to vacation rentals, the owner will enjoy the security of having a property that is destined to maintain its desirability and increase in value over time. This offering is perfect for a long-term investor seeking a multifamily investment in a premier San Diego location.

Listed By

Broker: MARCUS & MILLICHAP

4286 Morrell St, San Diego, CA, 92193 is a Commercial Property for sale at $1,375,000. 4286 Morrell St has 0.0 baths. The property's zip code is 92193 which is in San Diego, CA

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Pricing History

Date Price Price Change Description
9/5/2018 $1,375,000 -4.21 % Price Change
4/26/2018 $1,435,500 -1.00 % Price Change
2/22/2018 $1,450,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in San Diego $973,099 29 % below $695,000 49 % below
Commerical listings in San Diego $2,656,261 93 % above $1,825,000 33 % above

Get the facts about San Diego, CA!

Population 1,394,964
Population Growth (since 2000) 14 %
Median Income $67,792
Median Age 35.16
Households w/ Children 28 %

Residential Dwellings

  • Owned 254132
  • Vacant 31828
  • Rented 265675

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