Skip To Content

4647 University Ave

San Diego, CA 92105
  • $3,700,000
  • STATUS: ACTIVE
  • ON SITE: 41 Days
  • ID#: 240012514
UPDATED: 181 min ago
$3,700,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

On the market for the first time in 30 years, these two contiguous lots have been owned by the same family for nearly three decades. The property comprises 2 contiguous lots totaling 19,089 sq ft of land and an 8,227 sq ft building, both boasting 134 feet of frontage on bustling University Avenue in the heart of City Heights. With over 21,268 cars passing by daily, this prime location offers maximum exposure for any business and exceptional potential for developers, thanks to newly relaxed regulations on transportation corridors.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.selecthomessandiego.com/homes/151282960
Print Image

4647 University Ave San Diego, CA 92105

  • Price: $3,700,000
  • Status: ACTIVE
  • On Site: 41 Days
  • Updated: 181 min ago
  • ID#: 240012514
0
Beds
0
Baths
0
½ Baths
0.44
Acres
Neighborhood:
East San Diego (92105)
County:
San Diego
Area:
East San Diego (92105)
Property Description
On the market for the first time in 30 years, these two contiguous lots have been owned by the same family for nearly three decades. The property comprises 2 contiguous lots totaling 19,089 sq ft of land and an 8,227 sq ft building, both boasting 134 feet of frontage on bustling University Avenue in the heart of City Heights. With over 21,268 cars passing by daily, this prime location offers maximum exposure for any business and exceptional potential for developers, thanks to newly relaxed regulations on transportation corridors.
Exterior Features

Cars Per Day 21268 Construction BrickFrame

Interior Features

Floors Slab Sq Ft Of Improvement 8227

Property Features

Actual Gross Scheduled Income 64200.0 Actual Operating Expense 54460 Assumable Finance 0 Buildings 2 Existing Financing Other/Remarks Mandatory Remarks None Known Market Area Metro Uptown Motive Want 1031 Projected Cap Rate 4.0 Projected Gross Multiplier 17.6 Projected Gross Scheduled Inc 210000 Projected Net Income 149240 Projected Operating Expense 54460 Short Sale No

San Diego MLS logo Listing provided courtesy of Arby Eivazian of South Coast Commercial, Inc.: 619-990-4436. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_240012514-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_240012514-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_240012514-2.jpg
Logo
The Todd Team Realtors | Select Homes Real Estate, Inc.
10531 4S Commons Drive, Suite 539
San Diego CA, 92127