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Listed by George Hanold • Times Real Estate CA
$ 24,000,000
Est. payment /mo
New
6675 Linda Vista Road San Diego, CA 92111
38,645 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 38,645 sqft
Price per Sqft $621
Subdivision Linda Vista
MLS Listing ID NP-25124745
Year Built 1972
Lot Size 0.777 Acres
Property Sub-Type Commercial/Residential
Property Description
Exceptionally renovated 44-Unit Trophy Apartment Community with expansion potential (Plans Approved to add 19 more units)! Huge benefit to new owner who may take advantage of bonus depreciation based on investment made into property by current owner! A rare opportunity to own a fully renovated, ideally located income property just steps from the University of San Diego! Located in a high-demand rental corridor, this gated, modern-living, pool community offers an unbeatable location -- perfect for student housing / short-term rentals / long-term residents and permanent investment. This property features recent major renovations, enhancing both interior finishes and exterior appeal. Community amenities include a sparkling pool, dog washing station/tub, BBQ area, large well-maintained common spaces, and private laundry in each of the units that appeal to today's renters. Positioned within walking and biking distance to USD, and close to Trader Joe's, Target, Ralphs, USD Sports Center Pool, gyms, Kearny Mesa Park, Riverwalk Golf Club, and major shopping centers, residents enjoy convenience and lifestyle in equal measure. Tenants pay utilities. Approved plans for an additional 19 units presents a significant value-add opportunity with huge return on cost, further increasing the investment potential of this already cash-flowing asset. With flexible use options, strong rental demand, and proximity to major amenities, 6675 Linda Vista is a turn-key investment with room to grow in one of San Diego's most vibrant rental markets.
Location
State CA
County San Diego
Area 92111 - Linda Vista
Zoning CC-1-3
Interior
Interior Features Ceiling Fan(s)
Heating Radiant
Fireplaces Type None
Laundry Dryer Included, Inside, Washer Included
Exterior
Parking Features Parking Space, Private
Pool Private, Fenced, In Ground
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Lot 20000-39999 Sqft
Sewer Public Sewer