Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1747 Chalcedony St San Diego, CA 92109-3209
    Property profile & analytics

    1747 Chalcedony St San Diego, CA 92109-3209


    • Apartment buildings
    • 11,308 SF
    • 0.29 lot acres
    Off-Market
    Last Sale Oct 24, 2024
    $6,500,000
    Property ID
    US09-8681160
    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

    • Apartment buildings

    Property Details for 1747 Chalcedony St

    Year built
    1969
    Lot size
    0.29 lot acres
    Property size
    11,308 SF
    Zone code
    COMMERCIAL
    Property type
    Apartment buildings
    APN
    416-431-22-00
    APU
    4164312200

    Description

    This exceptional 16-unit apartment building, known as Chalcedony House East, presents a compelling investment opportunity in San Diego, CA. Located at 1747 Chalcedony St, San Diego, 92109, this property boasts 11,308 square feet of net rentable space, spread across a 12,492 square foot lot. Built in 1969, with renovations varying across units, the two-story building offers a mix of updated and remodeled units, reflecting current coastal living standards. The property features 16 parking spaces, a significant advantage in this area. Currently operating at 100% occupancy, the building generates a Net Operating Income (NOI) of $221,239, resulting in a 2.77% cap rate and a price per unit of $499,687.50. The asking price is $7,995,000, translating to $707.02 per square foot. Onsite laundry facilities and video surveillance enhance the property's appeal. Detailed financial records, including capital investments and maintenance costs, are available. The property benefits from a highly involved, long-term property management team and is situated in a desirable neighborhood transitioning from multifamily to single-family homes. This presents a unique opportunity for value-add potential and strong future income growth. The property's long ownership history and pride of ownership are evident. This is a rare offering, ideal for investors seeking a stable, high-performing asset in a prime San Diego location. The property is offered as a 1031 exchange opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.239
    Latitude
    32.8048
    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
    $67,859
    $3,723,000
    $1,795,200
    $5,518,200
    -
    $0.00
    $0.00
    $0.00
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message