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3590 Arey Drive 30 (s/l Level Town Homes See List) | San Diego, CA 92154

$9,295,000 190005465 Active


Property Details

  • $9,295,000
  • Commercial Residential Income
  • 190005465
  • 5.50 Acres
  • 173
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  • Virtual Tour N/A
  • 30


Property Description

Great Investment Opportunity Bulk Sale. 30 Single level (S/L) Town Homes. all are 3 bedroom investor owned and have Ocean Views (some units) and breezes. Washer dryer connections in the units. Units are rented below the market rents ($2,100). Value added deal Potential for upside selling off individual units. Potential 5% cap with upside on value. Income potential is $756,000. Units sold at $350,000 at the peak. See attachment for list of units and floor plans.


Detailed Home Information

  • Sq. Ft.: 239580
  • Acres: 5.50
  • # of Parking Spaces: 60
  • Style: Commercial Residential Income
  • Listing Broker: Wolf Real Estate Group
  • Listing Agent: Robert Wolf


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