San Diego, CA 92116,5050 Marlborough Dr. (-70)
San Diego, CA 92116,5050 Marlborough Dr. (-70)
San Diego, CA 92116,5050 Marlborough Dr. (-70)
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$6,500,000
Est. payment /mo
0.3 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250041680SD

HOA Y/N No

Lot Size 0.298 Acres

Property Sub-Type Mixed Use

Property Description

There is an Assumable 1st TD of $3,000,000 and the Seller Will Carry an 2nd TD with $1,250,000 Downpayment...VALUE ADD, Legacy Property, 'Marlborough Arms' is a Unique Vintage Style 11 Unit Rental Community Located in Kensington Heights, One of the Most Vibrant Rental Districts in Metro San Diego. A Once in a Lifetime Opportunity to Acquire this Landmark Income Property Consisting of (SIX) 1 Bed 1 Bath Apartments AND (FIVE) 2 Bed 1 Bath Apartments PLUS ADD (9) Studios Currently Under the City PERMIT PROCESS, Current YEARLY Income is Approximately $308,300, PLUS A Common Area Laundry, Situated on a 98x135 Corner Lot with an Alley.

Location

State CA

County San Diego

Area 92116 - Normal Heights

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Composition

Others

Tax ID 4401800400

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/snd/230023146


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CRMLS – RECore
Listed by Joe Carta Joe Carta Realty

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Melissa Seanez

Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

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