On Site6 days
Year116
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Robert & Joy Aumann
(858) 752-8730ASAP
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FOR SALE: 1445 Front St San Diego CA 92101 | 230004014 |$5,400,000| Call Rob (858) 752-8730 for a TOUR!
Status:
Active
Property Type:Com-Res Income
MLS #:230004014
On Site:6 Days
County:San Diego
Listing Agent/Office
Agent:Jordan Winston
Agent Phone:858-349-4877
Office:The Browar Group
MOTIVATED SELLER - OFFERS WELCOME We are pleased to present a truly iconic piece of San Diego history - a first time to market legacy asset in an A+ location. 1445 Front St is a SRO property comprised of 25 units. Each unit has undergone significant recent renovations including new flooring, vanities, ceiling fans, windows, and more. Each floor has its own kitchen space and bathroom + shower space. Upgrades to the exterior and continued sprucing up of interiors will allow a new owner to capture upwards of 50% rental upside. Or, given the rare component of the last remaining lots in downtown that can be developed, this property is sure to garner developer interest as well. The location is truly second to none, bordering the Little Italy and central San Diego Downtown districts. This building can be sold with or separate from 1468 1st Ave, located on the same block. The Seller is motivated, prime and ready to 1031 exchange into another market and retire. Take the opportunity to own a legacy piece of real estate in America's finest city.
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Detailed Maps
Community Information
Address:1445 Front St, San Diego, CA 92101
County:San Diego
City:San Diego
Area (MLS Code):Metro Central
Zip Code:92101
Rooms
Dimensions | |
Master | |
Bedroom 2 | |
Bedroom 3 | |
Bedroom 4 | |
Bedroom 5 | |
Breakfast Area | |
Dining Room | |
Kitchen | |
Living Room | |
Family Room | |
Extra Room 1 | |
Extra Room 2 | |
Extra Room 3 |
Property Features
Tax and Financial Info
Cap Rate Actual: $2.52
Cap Rate Projected: $5.03
Actual Operating Expense: $157, 826
Actual Gross Schd Income: $303, 180
Schools
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1445 Front St San Diego, CA 92101
ASAP
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