$1,500,000
$1,500,000
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SOLD DATE : 01/02/2025
Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240018804SD
Sold Date 01/02/25
HOA Y/N No
Property Description
PRICE REDUCED LISTING 6 Vacant Add-Value Units with Immediate Upside in Mission Hills Excited to relaunch 4074 Ingalls Street at a reduced price of $1,500,000 ($250,000/unit). This six-unit apartment community in Mission Hills, San Diego, is now a blank slate for investors, as all units have executed cash 4 keys agreements providing a blank slate by 12/31/24. Property Highlights Unit Mix: Three studio units and three one-bedroom units Total Rentable Space: ~2,280 sq ft Additional Features: Four storage areas and a coin-operated laundry facility Investment Opportunity This property offers a rare add-value opportunity with no rent control restrictions, allowing investors to achieve market rents immediately upon completion of any desired upgrades. Location Benefits Nestled in the heart of Mission Hills, this property provides tenants with convenient access to: Pioneer Park Old Town San Diego Vibrant dining, shopping, and nightlife in Hillcrest Don't miss out on this exceptional chance to reposition a property in one of San Diego's most desirable neighborhoods!
Location
State CA
County San Diego
Area 92103 - Mission Hills
Interior
Fireplace No
Others
Tax ID 4436821200
Financing Cash
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Bought with Thomas McCartin • Marcus & Millichap
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Broker Associate | Lic# 01905244