Active
2666-80 Boston Ave San Diego, CA 92113
$3,150,000
6,601 sq ft

Courtesy of South Coast Commercial, Inc..

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Daniel Fefferman

Daniel Fefferman

You Have a Goal. We Have a Plan.

Property Description

2666-80 Boston Ave are located in the submarket of Barrio Logan. The property consists of 14 one bedroom one bath units in seven different buildings. All units are duplexes with only one shared common walls. Vast majority of the rentals were renovated with new cabinets, quartz counter tops, and upgraded bathrooms in 2018. 4 off street parking spaces, common laundry room, as well as private storage for most units. Complexes are on two parcels totaling 13,999 sq. ft. which allows for multiple exit strategies. Current owner lives out of state and has not been proactive in bringing rents to market. There is a significant rental upside with minimal renovation costs needed. Additional room off alley to build some more units for even more value add potential. These units are in high demand due to their location within Barrio Logan and the very close proximity of the various employers like NASSCO, BAE Systems, General Dynamics, and Naval Bases.

Property Details & Features

Property Type

  • Com-res Income

Bathrooms

  • 1 bathroom in unit 1

Bedrooms

  • 7 bedrooms
  • 1 bedroom in unit 1

House

  • 1 story
  • 14 units, unit 1

Listing

  • Source: SDMLS
  • Listing date: 2022-01-07
  • For Sale
  • 10 days on market

Location

  • County: San Diego

Lot

  • Approximately 13,999 lot square feet

Miscellaneous

  • Gross operating income: $175,042
  • Operating expense: $69,921
  • Unit 1 rent: $1,008
  • Total rent, unit 1: $14,112

Parking

  • 4 total parking spaces

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