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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 3,720,000

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1926 Fortuna Ave San Diego, CA 92109

UPDATED:

09/30/2024 06:14 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240021937SD

HOA Y/N No

Property Description

Nestled within the vibrant Crown Point neighborhood of San Diego, California, lies 1926-1942 Fortuna Avenue, a strategically positioned residential apartment complex comprising eight apartment units. Situated just a block away from the picturesque Mission Bay and a mere 1.5 miles from the sandy shores of Pacific Beach, this property boasts a prime location. With four out of the eight units completely renovated and successfully achieving market rents, there is a compelling opportunity to capture the rest of the value-add potential. Completing the renovation of the remaining four (4) units present an exciting prospect for further enhancement, allowing the property to realize its maximum value. Additionally, there is the attractive possibility of integrating accessory dwelling units into the project, thereby increasing its income-generating capabilities.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Interior

Fireplace No

Others

Tax ID 4244311400

Listed by Ray Adams • Ray Adams Investment Real Estate Inc

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

1926 Fortuna Ave San Diego, CA 92109

Key Details

Location

Interior

Others

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1926 Fortuna Ave