Property Detail
Description
7 units in University Heights - All 2 Bedroom units. Perfect building to renovate, add additional dwelling units, and re-rent at market rates to add value. The 6-car parking garage looks to be the perfect place to add 2 or 3 ADU units while still preserving 5 parking spaces in front of the new ADUs. 5 additional open parking spaces in the rear (11 existing parking spaces currently - 6 covered & 5 open). Current rents are low making this property the ideal candidate for the "Renovate & Raise" model. Laundry room and additional storage lockers for tenants are located under the partially enclosed parking garage. Prime University Heights location. **** Please do not walk on property as tenants unaware the property is for sale ******
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Listing provided courtesy of Mark Morgan of South Coast Commercial, Inc.. Last updated 2025-05-13 08:52:22.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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