CA > San Diego
San Diego, CA 92109,2635-39 Magnolia Ave
San Diego, CA 92109,2635-39 Magnolia Ave
San Diego, CA 92109,2635-39 Magnolia Ave
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$2,450,000
Est. payment /mo
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8 Beds
5 Baths
3,525 SqFt
Active

2635-39 Magnolia Ave San Diego, CA 92109

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Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,525 sqft

Price per Sqft $695

MLS Listing ID 250024514

Bedrooms 8

Property Sub-Type Com-Res Income

Property Description

5.01% CAP RATE; THE HIGHEST MULTIFAMILY CAP RATE IN PB. We are pleased to present 2635-39 Magnolia Avenue, a fully renovated 5-unit complex in the highly popular Pacific Beach neighborhood of San Diego, CA. Resting near the end of a quiet col-de-sac, Magnolia features a desirable mix of four 2-bedroom /1-bath units and a single studio unit (affordable; 110% AMI). Of the four 2-bedrooms which range from 733 square feet to 750 square feet, one is a 2-story townhome. The studio is approximately 350 square feet. Units include their own in-unit washer/dryers, new vinyl plank flooring, wall-heaters, stainless steel appliances, new ceiling fans, refurbished and new cabinetry along with new kitchens and bathrooms. The complex was built in 1960 and totally restored with additional ADUs added in 2023-2024. The lot is approximately 6,185 square feet zoned RM-3-8 (1du per 800sf) with 3,525 square feet of improvements and four tandem parking spaces.

Location

State CA

County San Diego

Area Coastal South

Interior

Heating Wall

Cooling Wall/Window

Flooring Vinyl

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Roof Type Composition

Building

Story 2

Others

Tax ID 424-111-05-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/250024514

MLS Router / San Diego MLS
Listed by Conor M Brennan Marcus & Millichap

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agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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2635-39 Magnolia Ave

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