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    1707 Chalcedony St San Diego, CA 92109-3203
    Property profile & analytics

    1707 Chalcedony St San Diego, CA 92109-3203


    • Apartment buildings
    • 11,170 SF
    • 0.30 lot acres
    Off-Market
    Last Sale Aug 27, 2024
    $6,350,000
    Property ID
    US09-8681161
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Penta Web Solutions / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 1707 Chalcedony St

    Year built
    1969
    Lot size
    0.30 lot acres
    Property size
    11,170 SF
    Zone code
    COMMERCIAL
    Property type
    Apartment buildings
    APN
    416-431-23-00
    APU
    4164312300

    Description

    This exceptional investment opportunity presents a 16-unit apartment building located at 1707 Chalcedony St, San Diego, CA 92109. Boasting 11,170 square feet of net rentable space across two, two-story buildings on a 12,904 square foot lot, this property offers a compelling return. Built in 1969 with renovations varying across units, the complex currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $267,270 and a 3.34% cap rate. The asking price is $7,995,000, translating to $499,687.50 per unit and $715.76 per square foot. The property includes 16 parking spaces and onsite laundry facilities, enhanced by video surveillance. The majority of units have been remodeled to meet current coastal living standards. Situated in a desirable transition neighborhood, this property offers significant value-add potential for future income growth. Detailed financial records, including capital investments and maintenance costs, are available. This is a rare opportunity to acquire a well-maintained, historically stable asset with a strong track record. The property is offered as a 1031 exchange opportunity.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.24
    Latitude
    32.8047
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $82,640
    $4,947,000
    $1,774,800
    $6,721,800
    -
    $0.00
    $0.00
    $0.00
    More about this property
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