San Diego, CA 92105,3845-55 Chamoune Avenue
San Diego, CA 92105,3845-55 Chamoune Avenue
San Diego, CA 92105,3845-55 Chamoune Avenue
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Mike Jones

Mike Jones

+1(480) 326-9233
$6,095,000
Est. payment /mo
6 Beds
4 Baths
9,350 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 9,350 sqft

Price per Sqft $651

MLS Listing ID 250041714

Bedrooms 6

Property Sub-Type Com-Res Income

Property Description

CASH FLOW! CASH FLOW! CASH FLOW! Discover the pinnacle of real estate investment in the vibrant City Heights neighborhood of San Diego. Presenting 3845-55 Chamoune Avenue—a newly listed 22-unit apartment building that epitomizes stability, convenience, and unparalleled returns. Take advantage of an assumable Freddie Mac loan, featuring a loan balance of $3,240,000 and an attractive interest-only rate of only 3.03% through March 2029, further enhancing the property's affordability and profitability. Boasting twenty meticulously crafted one-bedroom, one-bathroom apartments, alongside a two-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom apartment, this property caters to diverse tenant preferences, ensuring high occupancy rates and steady rental income streams. Benefit from recent capital investments, including newer roofs, fresh exterior paint, upgraded fencing, security systems, energy-efficient windows, and essential infrastructure enhancements such as rerouted water lines and interior unit upgrades—ensuring minimal maintenance costs and maximum tenant satisfaction. Experience the pinnacle of comfort and convenience with ample off-street parking and on-site laundry facilities, elevating the resident experience and fostering long-term tenant satisfaction. This investment gem promises exceptional cash flow from day one, boasting an impressive yield of approximately 7.4% (day 1!).

Location

State CA

County San Diego

Area Metro Uptown

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Others

Senior Community No

Tax ID 471-581-35-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/250041714

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MLS Router / San Diego MLS
Listed by Josh Browar The Browar Group

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Hearst Elementary School

    Public | KG - 5

  • 9

    McKinley Elementary School

    Public | KG - 5

  • 9

    Hardy Elementary School

    Public | KG - 5

  • 8

    Garfield Elementary School

    Public | PK - 5

  • 8

    Edison Elementary School

    Public | PK - 5

  • 8

    Rolando Park Elementary School

    Public | PK - 5

  • 7

    Jefferson Elementary School

    Public | PK - 5

  • 7

    San Diego Global Vision Academy

    Public | KG - 5

  • 7

    Oak Park Elementary School

    Public | KG - 5

  • 6

    Normal Heights Elementary School

    Public | PK - 5

  • 6

    Rowan Elementary School

    Public | KG - 5

  • 6

    Marshall Elementary School

    Public | PK - 5

  • 6

    Language Academy

    Public | KG - 8

  • 6

    Clay Elementary School

    Public | KG - 5

  • 5

    McGill School of Success

    Public | KG - 3

  • 5

    Einstein Academy

    Public | KG - 5

  • 5

    Juarez Elementary School

    Public | KG - 5

  • 5

    Golden Hill School

    Public | PK - 8

  • 5

    Adams Elementary School

    Public | PK - 5

  • 5

    America's Finest Charter

    Public | KG - 8

Middle Schools 14
  • 7

    Albert Einstein Academy Charter Middle School

    Public | 6 - 8

  • 6

    Gompers Preparatory Academy

    Public | 6 - 12

  • 4

    Health Sciences Middle School

    Public | 6 - 9

  • 4

    Clark Middle School

    Public | 6 - 8

  • 3

    Wilson Middle School

    Public | 6 - 8

  • 3

    Mann Middle School

    Public | 6 - 8

  • 2

    Millennial Tech Middle School

    Public | 6 - 8

  • 1

    King-Chavez Preparatory Academy

    Public | 6 - 8

  • 0

    Cook Education Center - Tiee

    Private | 7 - 12

  • 0

    San Diego Global Vision Academy Middle School

    Public | 6 - 8

  • 0

    Academy of Arts and Sciences: del Mar Middle & Hig

    Public | 6 - 12

  • 0

    Academy of Arts and Scis: el Cajon Middle and High (6

    Public | 6 - 12

  • 0

    City Heights Preparatory Charter

    Public | 6 - 12

  • 0

    Nativity Preparatory Academy

    Private | 6 - 8

High Schools 10
  • 6

    Health Sciences High School

    Public | 9 - 12

  • 5

    Lincoln High School

    Public | 9 - 12

  • 4

    Crawford High School

    Public | 9 - 12

  • 3

    Hoover High School

    Public | 9 - 12

  • 1

    Arroyo Paseo Charter High School

    Public | 9 - 12

  • 0

    Urban Skills Center

    Private | 9 - 12

  • 0

    Academy of Our Lady of Peace

    Private | 9 - 12

  • 0

    St Augustine High School

    Private | 9 - 12

  • 0

    Brookshire International Academy

    Private | 11 - 12

  • 0

    Iftin University Preparatory High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Mike Jones

Mike Jones

+1(480) 326-9233

Agent | CA BRE #01094232

Agent CA BRE #01094232

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