Active

1747 Chalcedony St

Pacific Beach CA, 92109

$7,995,000


$707.02 per sqft

Active

5 Beds

11,308 sqft

Commercial

Perfect portfolio addition! Ownership is now in the 3rd generation of the same family, so here is your opportunity to acquire a VERY rare offering in North Pacific Beach! Priced well below estate appraisals for immediate sale, these two 16-unit buildings are available on the same block with just one property separating. They are being offered individually or as a pair for the perfect 32-unit acquisition. Excellent unit mix along with great onsite parking. The properties have been professionally managed for a very long time, including highly involved onsite managers. The vast majority of the units have been remodeled and project a current coastal tenant living expectation. Each has an onsite laundry facility, as well as video surveillance. The properties are uniquely set in a multifamily to single family transition neighborhood area, so the overall location feel is far superior to many PB offerings. The asset definitely has "value add" options for future income growth. This property exudes a pride of ownership location and a "Legacy" label, considering the long-term ownership history is clearly appropriate. Excellent documented history for income and expenses, including invested capital and maintenance costs, is available through the well-respected property management firm for the future owner. Call for additional details!

240009993

MLS ID

May 7, 2024

Listed

November 12, 2024

Updated

Map

1747 Chalcedony St
Pacific Beach CA, 92109

Interior Features

Total Stories

2


Bedrooms

5


Appliances

Range, Refrigerator


Laundry Description

Leased


Floor Description

Other


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Radiant

Exterior/Building Features

Lot Size

0.29 Acres


Exterior Features

Remarks

Other Property Details

Area Name

Coastal South


Taxes

$66,218


Tax Frequency

Annually


Days on Market

183


Garage

No


Parking

Spaces


Parking Total

16


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

11/12/2024

Active

11/7/2024

Pending

9/18/2024

Price change

$7,995,000

-9%

Listed by eXp Realty of California, Inc, Ken Pecus,
Listing Contact: 619-675-0123 

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. 

© 2024 San Diego Multiple Listing Service. All rights reserved. 

Data last updated 1:48 AM UTC, 11/12/2024

Powered byLuxury Presence