San Diego, CA 92102,2401 Imperial Ave
San Diego, CA 92102,2401 Imperial Ave
San Diego, CA 92102,2401 Imperial Ave
San Diego, CA 92102,2401 Imperial Ave
San Diego, CA 92102,2401 Imperial Ave
San Diego, CA 92102,2401 Imperial Ave
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$1,150,000

$1,259,302

8.7%
Est.Price: ?

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Est. payment /mo

7,013 Sqft Lot


SOLD DATE : 10/11/2024

Key Details

Sold Price $1,150,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240012702SD

Sold Date 10/11/24

HOA Y/N No

Year Built 1950

Lot Size 7,013 Sqft

Property Description

Welcome to 2401 Imperial Ave, an exceptional commercial property situated in the bustling heart of San Diego, CA. Boasting a prime location with high visibility and accessibility, this property presents an outstanding opportunity for investors seeking solid returns and value enhancement. With two well-established tenants—a thriving auto body shop and a bustling tire shop—this property enjoys a steady income stream with ample room for growth. The current 5.47% cap rate underscores its attractiveness as an investment, while the pro forma projection of a 7.62% cap rate highlights its potential for enhanced profitability. Strategically positioned to capitalize on the robust demand for automotive services in the area, this property offers investors the chance to maximize value through lease increases and value-added improvements. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to enter the lucrative commercial real estate market, 2401 Imperial Ave presents an enticing opportunity for success. Don't miss your chance to own a piece of San Diego's thriving commercial landscape. Schedule a viewing today and discover the endless possibilities awaiting you at 2401 Imperial Ave. Please call for a showing and details.

Location

State CA

County San Diego

Area 92102 - San Diego

Zoning INDUSTRIAL

Interior

Heating Heat Pump

Fireplace No

Others

Tax ID 5356601200

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California Regional MLS (CRMLS)
Listed by Anthony Joplin • Investment Realty Homes & Loans
Bought with Anthony Joplin • Investment Realty Homes & Loan

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Shaun Hurley

Broker Associate | Lic# 00870450

+1(949) 463-4663

32451 Golden Lantern # 210, Niguel, CA, 92677

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