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4604 University Ave, San Diego, CA 92105

$1,138,000

  • Sold
  • Closed
  • Commercial
4604 University Ave, San Diego, CA 92105View this property at 4604 University Ave, San Diego, CA 92105
4604 University AveSan DiegoCA92105

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Street View

Property Description

Subject property is a stand alone corner building with 5 parking spaces plus one handicap space. Numerous 30 minute parking spaces also available in front of the building on University Ave. Current tenant owns his own business and is using this property as storage space for his two locations that are also located in City Heights. Tenant is on a single net lease with 3% annual rent increases. There is a 5 year option at end of the lease at 2020, to renew at market rents which is roughly $1.50 to $1.75/sqft. It puts this properties market rent potential to $9,250 to $10,000/month. Subject property sold for $1,350,000 in 2006. Former Union Bank building sold for $2,612,000 in 2016, similar sqft but more parking and few blocks west.

Full Property Detailsfor 4604 University Ave

General

  • Sold For: $1,138,000
  • Status: Closed
  • Type: Commercial
  • MLS ID: 170013857
  • Added: 430 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1

Parking

  • Parking Features: On-Site Parking

Location

  • Area: EAST SAN DIEGO (92105)
  • County: San Diego

Structural Information

  • # Buildings: 1
  • Construction: Block, Concrete, Frame
  • Year Built: 1959

Lot Features

  • Lot Size (Sq. Ft.): 9,258
  • Lot Description: Free Standing

Listed by Apartment Consultants, Inc.
Sold by Apartment Consultants, Inc.

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Schools

Schoolsserving 4604 University Ave

School District:San Diego Unified School District
School Name
Grades
Distance
Euclid Elementary School, San Diego, CA
4166 Euclid Ave, San Diego, CA 92105
K-5
0.2 mi
Mann Middle School
4345 54th St, San Diego, CA 92115
6-8
1 mi
Crawford High School
4191 Colts Way, San Diego, CA 92115
9-12
1.1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 4604 University Ave

Date
Details
Price
Change
Source
2/20/2018
Sold
$1,138,000
-1.04%
MLS
11/15/2017
Price Reduced
$1,150,000
-2.13%
MLS
3/20/2017
Listed
$1,175,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 4604 University Ave

Listed by Apartment Consultants, Inc.
Sold by Apartment Consultants, Inc.

4604 University Ave, San Diego, CA 92105 (MLS# 170013857) is a Commercial property that was sold at $1,138,000 on February 20, 2018. Want to learn more about 4604 University Ave? Do you have questions about finding other Commercial real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.