$1,420,000
$1,369,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
1.37 Acres Lot
SOLD DATE : 01/05/2024
Key Details
Sold Price $1,420,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230022259SD
Sold Date 01/05/24
HOA Y/N No
Year Built 1966
Lot Size 1.370 Acres
Property Description
Rarely available and ideal long term investment for the small or move up investors. Jump on this now as you probably haven't seen this product segment being offered very often. Solid bread and butter small strip commercial with great tenants. GSI includes new rental increases that just went into effect. Excellent location affords easy access for tenants and customers alike, not to mention huge drive-by customer pool. Property features bountiful parking on a wide lot, ideal for current tenant mix. Property has excellent curb appeal, right out of the old west. Exceptional signage offers makes the future rental desirability enduring. Can't find a residential multi-unit? This can be so much better with long term tenant rental stability. The property's location also invites consideration for redevelopment or substantial remodel. Sellers are cashing out so timing for closing and accommodating 1031 considerations are attractive.
Location
State CA
County San Diego
Area 92082 - Valley Center
Zoning Commercial
Interior
Fireplace No
Others
Tax ID 1851416500
Financing Cash
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Bought with Quy Bui • HPT Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "