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3525 Indiana Street San Diego CA 92103 MLS #240017868SD

Price Reduced by $500,0000. Seller is willing to entertain offers. VERY ATTRACTIVE ASSUMABLE FINANCING (@2.5% fixed for 35 Years) AVAILABLE!! See below for details on the loan. Here is your chance to buy one of the nicest apartment buildings in Hillcrest/North Park (92103) zip code. Built in 2019 up to condo specs this property should prove to be a fantastic investment for someone looking for a passive, low maintenance apartment building located in one of San Diego’s most desirable rental markets. Walk to everything! Average units are over 800 Square Feet with condo quality finishes including high end flooring, counters, cabinets, appliances & lighting. 28 Parking spaces including 21 under ground garage with security gate. The current HUD loan at $8,092,000 can be assumed. The rate is 2.5% Fixed for 35 years (2057). Take advantage of just about the lowest interest rate offered a few years ago and continue to pay down principal while maintaining what is sure to be solid rental growth.

Property Details

Price:
$19,000,000
MLS #:
240017868SD
Status:
Active
Baths:
0
Address:
3525 Indiana Street
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92103missionhills
City:
San Diego
Listed Date:
Jul 31, 2024
State:
CA
ZIP:
92103

Schools

Interior

Heating
Forced Air

Exterior

Parking Spots
28.00
Roof
Composition

Financial

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