Active

3525 Indiana Street

San Diego CA, 92103

$19,000,000


Active

Commercial

Listed by Thomas McCartin with Marcus & Millichap 858-373-3100

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.

240017868SD

MLS ID

July 31, 2024

Listed

December 5, 2024

Updated

Map

3525 Indiana Street
San Diego CA, 92103

Interior Features

Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Roof

Composition

Other Property Details

Area Name

92103 - Mission Hills


Days on Market

126


Garage

No


Parking Total

28


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

10/15/2024

Price change

$19,000,000

-3%

Listing Contact: 818-212-2250 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 5:16 AM UTC

 

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