2036 N Highland Ave, Logan Heights, CA 92113

$5,475,000

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List Price
$5,475,000
Status
ACTIVE
MLS#
260020723SD
Days on Market
2
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

RESIDENTIAL FINANCING AVAILABLE ON PORTFOLIO. Presenting for sale this NEW CONSTRUCTION 12 unit in south San Diego. Comprised of a unit mix rarely available in the market, the property contains (9) 2BR 2.5BA townhome style units and (3) well designed 1BR units. The property is spread across (4) parcels, which presents a truly unique opportunity to attain residential financing and enjoy much better leverage than with commercial financing. Ask agent about cost seg/tax benefits for which we estimate a HUGE 7 figures of Yr 1 depreciation available! The property boasts truly elegant interior designs, equipped with AC minisplits in all living and bed rooms, off street parking including garages on each parcel, and select units enjoy massive decks and patios. Reach out and learn more today.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
12
Gross Scheduled Income
$401,400
Operating Expense
116493

Listing courtesy of Listing Agent: Florian Sighe (florian@thebrowargroup.com) from Listing Office: The Browar Group.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.