Address
6823 Amherst St San Diego, CA
Price
$ 2,500,000
Property Attributes
  • MLS#200049489
  • TypeMulti-Family
  • CountySAN DIEGO
  • CitySan Diego
  • AreaSan Diego
  • NeighborhoodCollege Area
  • Zip92115
  • Style2-4 UNITS
  • Price$ 2,500,000
  • Bedrooms9
  • Full Bathrooms7
  • Half Bathrooms2
  • Sqr Footage4902
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
Marcus & Millichap
Property Description

Pleased to present for sale, 3 newly constructed three-story houses on one lot situated minutes away from San Diego State University. Completed in 2020, this property rests on an approximate 11,400 SF lot with 4,902 rentable SF. This property just received its certificate of occupancy and is being pre-leased for the 2021 school year. In the interim, short-term leases will be signed until the students move in next summer. The seller is open to carrying a second loan on the property if needed by buyer. his luxury housing development includes one 3-bedroom/3-bathroom house and two 3-bedroom/2.5-bathroom houses, with an option to add two additional bedrooms at the buyer’s request to maximize rents. There is also a cloud condo map on the property, giving an investor the option to sell off as individual condos in the future. Each unit has been constructed with high-end finishes and amenities. Each unit is separately metering for all utilities. In proximity to San Diego State University, these units will attract college students willing to pay premium pricing for off-campus housing. This property offers a rare opportunity to be the proprietor of a newly constructed student housing multi-home complex minutes from San Diego State University. Within walking distance to Ralphs, restaurants, and convenience stores, this property is centrally located with the investor’s longevity in mind.

Price History
10/23/2020 Listed $2,500,000

General Features

CFD/Mello-Roos Fee 0.0
Community SAN DIEGO
Cooling Central Forced Air
Heating Forced Air Unit
Neighborhood College Area
Other Fees 0.0
Roof Concrete
Sale/rent For Sale
Security N/K
Senior Community Y/N N/K
Site Public Street, Sidewalks, Street Paved
Stories 3 Story
Terms Cash, Conventional
Total Units 3
Year Built 2020

Interior Features

# Of Units W/range/oven 1
Heat Source Natural Gas
Unit 1 # Bedrooms 3
Unit 1 # Of Full Baths 3
Unit 1 # Total Baths 3
Unit 1 Estimated Sqft 1684
Unit 1 Laundry Hook Ups Yes
Unit 2 # Bedrooms 3
Unit 2 # Of Full Baths 2
Unit 2 # Total Baths 3
Unit 2 Estimated Sqft 1609
Unit 2 Laundry Hook Ups Yes
Unit 3 # Bedrooms 3
Unit 3 # Of Full Baths 2
Unit 3 # Of Half Baths 1
Unit 3 # Total Baths 3
Unit 3 Estimated Sqft 1609
Unit 3 Laundry Hook Ups Yes
Units w/Cooling 3
Water Heater Type Gas

Exterior Features

Complex/park n/a
Exterior Stucco
Fencing Full
Lot Size Area .25 to .5 AC
Number of Buildings 3
Parking Non-garage Unit 1 Tandem, Uncovered
Parking Non-garage Unit 2 Tandem, Uncovered
Parking Non-garage Unit 3 Tandem, Uncovered
Sewer/Septic Sewer Connected
Unit 1 Exclusive Use Yard No
Unit 2 # Of Half Baths 1
Unit 2 Exclusive Use Yard No
Unit 3 Exclusive Use Yard No
Water District CITY OF SAN DIEGO

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92115

Price
AVG $1.35M
$2.5M
Visits
AVG 50
88
Year Built
AVG 1979
2020
Walkscore
AVG 88
88
Data Provided by Walkscore ® not using MLS data

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