2635-39 Magnolia Ave, San Diego, CA 92109

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Jul

Sun

Jul

Mon

Jul

Kevin Silverstein

[email protected] +1(619) 203-7041

$2,450,000

Est. payment - /mo

8 Beds

5 Baths

3,525 SqFt

Save Virtual Tour

UPDATED:

Key Details

Property Type Single Family Home, Condo

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,525 sqft

Price per Sqft $695

MLS Listing ID 250024514

Bedrooms 8

Property Sub-Type Com-Res Income

Property Description

5.01% CAP RATE; THE HIGHEST MULTIFAMILY CAP RATE IN PB. We are pleased to present 2635-39 Magnolia Avenue, a fully renovated 5-unit complex in the highly popular Pacific Beach neighborhood of San Diego, CA. Resting near the end of a quiet col-de-sac, Magnolia features a desirable mix of four 2-bedroom /1-bath units and a single studio unit (affordable; 110% AMI). Of the four 2-bedrooms which range from 733 square feet to 750 square feet, one is a 2-story townhome. The studio is approximately 350 square feet. Units include their own in-unit washer/dryers, new vinyl plank flooring, wall-heaters, stainless steel appliances, new ceiling fans, refurbished and new cabinetry along with new kitchens and bathrooms. The complex was built in 1960 and totally restored with additional ADUs added in 2023-2024. The lot is approximately 6,185 square feet zoned RM-3-8 (1du per 800sf) with 3,525 square feet of improvements and four tandem parking spaces.

Location

State CA

County San Diego

Area Coastal South

Interior

Heating Wall

Cooling Wall/Window

Flooring Vinyl

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Roof Type Composition

Building

Story 2

Others

Tax ID 424-111-05-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/250024514

Read Less Info

Listed by Conor M Brennan Marcus & Millichap

Get More Information

Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities

2635-39 Magnolia Ave San Diego, CA 92109

Kevin Silverstein

Key Details

Location

Interior

Exterior

Building

Others

Get More Information