Presented by Terry Moore
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6531-6561 Kelly St. | San Diego, CA 92111

$2,350,000 180018607 Sold

Property Details

  • $2,550,000
  • Commercial Residential Income
  • 180018607
  • 0.72 Acres
  • 153
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  • 12

Property Description

Twelve Linda Vista units are rented dramatically below market. Zoning might allow as many as 31 units. A sophisticated builder and architect will need to determine what is actually possible with the existing buildings. John Sheehan AIA, principal of Studio E Architecture has sketched an option for 29 units. Across the street to the west and behind the building to the east are two properties which have been substantially renovated within the last two years. Alternatively a renovator might put $50k per unit into repairs and upgrades. Sellers report that about 1965 their Mother used a licensed contractor to rearrange closet walls so that a closet in four of the two bedroom units was shifted to the adjoining apartment to make a third bedroom. Sellers have not located those permits. The property is convenient to schools, shopping and major freeways. It is just .6 miles from University of San Diego.

Detailed Home Information

  • # of Total Bedrooms: 3
  • # of Total Baths: 1.00
  • Sq. Ft.: 31363
  • Acres: 0.72
  • # of Parking Spaces: 24
  • Style: Commercial Residential Income
  • Listing Broker: Apartment Consultants, Inc.
  • Listing Agent: Terry Moore