Property Detail
Description
3 units, apartment property subtype, 6.42% cap rate ; 3 stand-alone buildings on 21,780 SF of land. Ideal to occupy one of the buildings for a home office for a contractor's business. Rent out the other two buildings for investment income. Legal non-conforming use is currently a triplex with three 2-bedroom residential units. $4,840 current monthly income (month-to-month tenancy). Located just west of Santa Fe Avenue and 3 blocks north of Rosecrans Avenue. One mile south of the Century (105) Freeway. Zoning code 30-14.4 may allow: Accessory storage of automobiles (in operating condition); building materials (excluding rock, gravel, and sand storage in excess of 2,000 tons); equipment, lumber, pipe, wood, cabinet, and carpentry shops; carpet cleaning; pest control operator.
Map Location
Listing provided courtesy of Mark Hong of KORUS Real Estate. Last updated 2025-08-20 08:51:06.000000. 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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