$8,800,000

  • COMMERCIAL-RES INCOME
  • ACTIVE
  • MLS# 180018258

Description

The Evelyn, University Height’s newest apartment community, consists of 12 large, well appointed and designed condominium units. Eight of the units are three-bedroom townhouses with direct-access garages and sprawling roof top decks, which offer views of the San Diego skyline. The remaining four floor plans are comprised of spacious one bedroom, two bath lofts with a den as well as one-bedroom, two bath units with a downstairs powder room. Sitting within the boundaries of the University Heights neighborhood, the property has great frontage and walkability along El Cajon Boulevard, a major east-west thoroughfare and historic commercial corridor in San Diego. Centrally located in the eighth largest city in the US, and what is widely viewed as one of the most stable and attractive metros on the West Coast, the Evelyn provides investors with a rare opportunity to acquire a newly constructed asset in the heart of San Diego.

Property Details

Property type:
Commercial-Res Income

Location

County:
San Diego

Additional Details

Number of Units:
12
Price Per Unit:
$733,333
Down Payment:
$3,872,000
Gross Equity:
$8,800,000
SqFt of Improvement:
17,410
Assessors Parcel #:
445-401-23-00

Unit Details

Unit 1
Number of Units:
4
Number of Bedrooms:
1
Number of Baths:
2
Unit 2
Number of Units:
8
Number of Bedrooms:
3
Number of Baths:
2

Listing provided by

Marcus & Millichap
Select a Point of Interest and Radius from the form above.
We're sorry, but no properties that meet this criteria are currently available.
Photo of University Heights - Photo 1
Photo of University Heights - Photo 2
Photo of University Heights - Photo 3
Photo of University Heights - Photo 4
Photo of University Heights - Photo 5
Photo of University Heights - Photo 6

University Heights

University Heights is a neighborhood in Central San Diego, bordered by Hillcrest, Normal Heights, and North Park. The neighborhood has a number of restaurants, coffee shops, boutiques, and artist studios primarily on Park Boulevard and Adams Avenue. Homes in the area range from Craftsman cottages, apartments and condominiums, to million-dollar homes. Due to its central location, it's just ... Read More

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.


Presented By
Beth
Roach

DRE# 01516268

619.300.0389

Email Me
Presented By
Beth
Roach

DRE# 01516268

619.300.0389

Email Me

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.