Active
3525 Indiana Street
San Diego CA, 92103
$19,000,000
Active
Commercial
Listed by Thomas McCartin with Marcus & Millichap 858-373-3100
Price Reduced by $500,0000. Seller is willing to entertain offers. VERY ATTRACTIVE ASSUMABLE FINANCING (@2.5% fixed for 35 Years) AVAILABLE!! See below for details on the loan. Here is your chance to buy one of the nicest apartment buildings in Hillcrest/North Park (92103) zip code. Built in 2019 up to condo specs this property should prove to be a fantastic investment for someone looking for a passive, low maintenance apartment building located in one of San Diego's most desirable rental markets. Walk to everything! Average units are over 800 Square Feet with condo quality finishes including high end flooring, counters, cabinets, appliances & lighting. 28 Parking spaces including 21 under ground garage with security gate. The current HUD loan at $8,092,000 can be assumed. The rate is 2.5% Fixed for 35 years (2057). Take advantage of just about the lowest interest rate offered a few years ago and continue to pay down principal while maintaining what is sure to be solid rental growth.
240017868SD
MLSⓇ ID
July 31, 2024
Listed
October 18, 2024
Updated
Map
3525 Indiana Street
San Diego CA, 92103
Interior Features
Fireplace
No
Cooling
Yes
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Roof
Composition
Other Property Details
Area Name
92103 - Mission Hills
Days on Market
77
Garage
No
Parking Total
28
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/15/2024 | Price change | $19,000,000 -3% |
Listing Contact: 818-212-2250
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/18/2024 at 12:44 PM UTC