See Home Value
$3,213,000 - $3,927,000
Commercial - Off Market

5502 University

San Diego, CA 92105
bedrooms
Studio
bathrooms
0 Bath

About This Property

Excellent incoming property with room to add additional units in rear. Seller is currently working on permits. Assumable financing available. Buyer can enjoy an updated investment with minimal involvement. Located near San Diego State University and dining/shopping establishments. This opportunity provides housing for students & residents in San Diego's bustling Chollas Creek/El Cerritos neighborhoods. There are also fully certified 40' containers at the back of the property used for storage that will convey. Tenants pay for all the utilities including water.  The FAR of the property for future Development is 6.5 as part of the new complete communities housing solutions.  All the units are fully renovated with new appliances, hoodfans/microwaves, and vinyl flooring. Several units are also updated with a brand new Kitchens. All the units are updated with split unit A/C units. Brand-new laundry room with new coin-operated machine. The laundry room currently has 2 washing machines and 2 dryers with no contract. Billboard conveys with sale.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Mar 31, 2024 No longer available -
No longer available
Nov 29, 2023 Listed $3,570,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230310
03/10/2023
Loft
10 Bath
-
$3,570,000
bedrooms
Loft
bathrooms
10 Bath
-
-
-
Samuel Rubio
Keller Williams Realty

Building Info

5502 University Avenue 5502 University Avenue, San Diego, CA 92105
  • 1 Unit for Sale
More about this Building
5502 University Avenue
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