Active
3204 Collier Ave
Normal Heights CA, 92116
$3,950,000
$735.57 per sqft
Active
5 Beds
5,370 sqft
Commercial
We are pleased to present 3204 Collier Ave. in the sought after neighborhood of Normal Heights. This 8 unit apartment complex has been completely renovated in the last 6 months with over $750,000 in capital improvements. There are four large 1bedroom/1bath units, two 2bedroom/1bath units, and one 2bedroom/2bath unit. All units have been extensively remodeled with high-end finishes including flooring, paint, and appliances. All units all have new washer/dryers, splits with A/C and heat, and tankless water heaters. The exterior renovations include a new roof, concrete, landscape and stucco. With brand new market rent leases and RUBs in place, this 8 unit apartment complex is perfect for an investor looking for low maintenance and low management with a true 5% CAP with new taxes and insurance. Potential to for an investor to convert garages into ADU's for additional income.
240013187
MLSⓇ ID
June 10, 2024
Listed
August 23, 2024
Updated
Map
3204 Collier Ave
Normal Heights CA, 92116
Interior Features
Total Stories
2
Bedrooms
5
Laundry Description
Owned
Floor Description
Concrete, Other, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other/Remarks
Exterior/Building Features
Lot Features
Landscaped
Roof
Other
Other Property Details
Area Name
Metro Uptown
Days on Market
52
Garage
Yes
Parking
Garage, Spaces
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/1/2024 | Price change | $3,950,000 -2% |
7/9/2024 | Active | — |
6/26/2024 | Pending | — |
6/20/2024 | Price change | $4,000,000 -6% |
Listed by KB Investments, Krista K Losito,
Listing Contact: 858-243-6570
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Data last updated 8:04 AM UTC, 8/23/2024
