3525 Indiana Street, San Diego, CA 92103
  • MLS#: 240017868SD ( Commercial/Residential )
  • Street Address: 3525 Indiana Street
  • Viewed: 2
  • Price: $19,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 107
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92103
  • Provided by: Marcus & Millichap
  • Contact: Thomas Thomas
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Price Reduced by $500,0000. Seller is willing to entertain offers. VERY ATTRACTIVE ASSUMABLE FINANCING (@2.5% fixed for 35 Years) AVAILABLE!! See below for details on the loan. Here is your chance to buy one of the nicest apartment buildings in Hillcrest/North Park (92103) zip code. Built in 2019 up to condo specs this property should prove to be a fantastic investment for someone looking for a passive, low maintenance apartment building located in one of San Diego's most desirable rental markets. Walk to everything! Average units are over 800 Square Feet with condo quality finishes including high end flooring, counters, cabinets, appliances & lighting. 28 Parking spaces including 21 under ground garage with security gate. The current HUD loan at $8,092,000 can be assumed. The rate is 2.5% Fixed for 35 years (2057). Take advantage of just about the lowest interest rate offered a few years ago and continue to pay down principal while maintaining what is sure to be solid rental growth.
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Features
Carport Spaces
  1. 7.00
Construction Materials
  1. Block
  2. Stucco
Country
  1. US
Heating
  1. Forced Air
Netoperatingincome
  1. 446194.00
Parcel Number
  1. 4523621000
Phase
  1. 23
Property Type
  1. Commercial/Residential
Roof
  1. Composition
Totalmonthlyrent
  1. 71950
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/240017868