Commercial: MLS #NDP2303379 San Diego, CA ^$ 2,999,999

Commercial: MLS #NDP2303379

^$ 2,999,999

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Commercial: MLS #NDP2303379

San Diego, CA, 92111

^$ 2,999,999

Studio Baths0.0 Sq 8,328

Monthly Estimate*

^$ 19,939

Listed by Realty ONE Group Pacific

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Studio

Commercial Property for sale in San Diego, CA

for $2,999,999. This 8,328 square foot building was built in 1982.

Investment Opportunity, Located within the Very desirable bustling high traffic area near the corner of Linda Vista Drive and Ulric St. Close to medical offices, market, restaurants, housing and transit. Opportunity for investor and/or possible future Development Site. Under market rents/mo2mo/one long term tenant. Gross rent. New Roof June 2023, Skylights, HVAC splits, upgrade/added swamp cooler. Remodeled one unit currently vacant. Total Seven Units - Five units are currently leased - First Level Bakery - Second Level Office, Retail. Parcel 2 provides 19 Parking Spaces. Two parcels on the site: 431-281-37-00 & 431-281-08-00 - Bldge Parcel Sq. Ft.= 5444 - Parking Lot Parcel Sq. Ft.= 8499 - Total Combined Parcel Sq. Ft. per Assessor Record Approxmately 13,943 Sq. Ft.

Commercial Pending

Price

^$ 2,999,999

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 15,844

Style

Business

Year Built

1982

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

NDP2303379

Days on Market

391

Features

General

Zoning Commercial CC-1-3

HOA 0.0

Year Built 1982

Property SubType Business

Tax Year 2022

Business Type Bakery ProfessionalService Retail

Additional Parcels Description 431-281-08-00 - Assessor record is: 8499 sq ft Parking lot location

County San Diego

Net Operating Income 101514.0

Operating Expense 23346.0

Insurance Expense 7500.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Buyer Financing Cash CashtoLoan

Directions Bldg. sits near Corner of Ulric and Linda Vista Road. From the 163 Exit Genesee West to Linda Vista Road LFT on LVR U-turn at ULRIC traffic light. Bldg is on the right LVR (San Diego Bakery) Next

City San Diego

View Y/N N

Senior Community Y/N N

Open Parking Spaces 19.0

NumberOfUnitsTotal 7

MLS Area 92111 - Linda Vista

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 6

Listing Terms Cash CashtoNewLoan Conventional

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 15844.52

Electric Expense 0.0

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://show.tours/6959lindavistaroad?b=0 https://show.tours/6959lindavistaroad

Days on Market 317

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Property Sub Type Additional Business

Cap Rate 3.5

Exterior

Lot Features NearPublicTransit

Total Parking 19.0

Lot Size Area 13943.0

Number of Buildings 1

Spa N

Building Area Total 8328.0

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Entry Level 1

Electric On Property Y/N N

Total Baths 0

* Excluded Features

List By

Realty One Group Pacific

Broker

(619) 607-5500

Phone

Affordability Calculator

$21,259

Per Month

Monthly Principal & Interest: $19,939
Monthly Property Taxes: $1,320
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in San Diego, CA

Average List Price ^$1,977,200

Percent of Sale Price 34%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/17/2024	$2,999,999		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/2024. 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, 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.

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Commercial: MLS #NDP2303379

Commercial Property for sale in San Diego, CA

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