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Brian Aarestad, Sales Associate
SOLD
$4,000,000
Date 07/24/2023

3432 Florence St
San Diego, CA 92113

Mixed Use
Residence
0.9
Lot Size
Listing Agent: Adrian Gonzalez-Pureco CalDRE: 01844618 - South Coast Commercial, Inc.

Description for 3432 Florence St San Diego, CA 92113

JUST PRICE REDUCED **ASSUMABLE FINANCING AVAILABLE 4.27% through 2027** Pleased to present 3432-34 Florence St 16 unit apartment building comprised of 100% 2 bedroom / 1 bathroom units totaling 11,144 SqFt on a 39,204 SqFt lot. The property sits in the Opportunity Zone. Units feature a private balcony or patio for outdoor space for tenants to enjoy. The property also features ample off-street parking and laundry facilities. Advertised rents reflect Rent Increases that take effect July 2023. This is a great investment for a value-add investor looking to add sweat equity into the building to produce a high income producing asset. Part of a two property portfolio with 2567 A St. Can be sold together or separately.

Property Details

230007511SD
Mixed Use, Other
San Diego
0.9 Acres
Frame
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Listing Agent: Adrian Gonzalez-Pureco CalDRE: 01844618 - South Coast Commercial, Inc.
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Brian Aarestad Dean Stalter, Broker DRE# 00625377 - 2355 Northside Drive Ste. 180, San Diego, CA 92108 | Phone: (858) 525-3262 | Email: baarestad@bhhscal.com

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