3226 Adams Ave San Diego, CA 92116
Eight-unit apartment complex in desirable Normal Heights neighborhood.
Property Features for 3226 Adams Ave
General Information
- Property type
- Commercial
- Standard status
- Active
Source:
Elliman
Listing Agent: Ben Sierpina
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Normal Heights Multifamily Investment Opportunity
Located in San Diego, California, the property at 3226-32 Adams Avenue is an 8-unit apartment complex originally constructed in 1938. Situated in the Normal Heights neighborhood, the complex has a Walk Score of 94. The property rests on a 0.15-acre lot and includes approximately 3,750 rentable square feet. The unit mix consists of two one-bedroom/one-bathroom units and six one-bedroom/one-bathroom cottage units. The units feature refurbished hardwood flooring and cottage-style layouts without shared walls. The property has been maintained, with new roofs added to the back building and two of the cottages. The main electrical panel, wiring, and gas meters were upgraded within the last 5 years. Several units have been retrofitted with dual pane vinyl windows. Tenant offerings include a communal courtyard and secure gated entry. Parking is available with five attached single-car garages, which may allow for the addition of ADUs. The property presents a value-add opportunity for renovation to bring current rents to market and maximize cash flow. Located on Adams Avenue in central Normal Heights, the property is near neighborhood attractions and has access to the 15 and 805 freeways. The North Park neighborhood is a few blocks west, providing additional dining and retail options. The property is intended for use as an apartment complex.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.1242825
- Latitude
- 32.7636676
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight-unit apartment complex in desirable Normal Heights neighborhood.
Where is this apartment building located?
The property is located at 3226 Adams Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: - Walk Score of 94, offering unbeatable walkability to nearby retail and attractions.; - Located in the highly desirable Normal Heights neighborhood on Adams Avenue.; - Value-add opportunity with potential to renovate units and increase rents.
