3613 Central Ave - 3613-15 Central Ave 2 Unit Apartment Building Offered at $1,126,669 CAD at a 3.11% Cap Rate San Diego, CA 92105

We are pleased to present 3613-15 Central Avenue, a 2-unit apartment building located in the City Heights neighborhood of San Diego, CA. The property is comprised of one (1) two-bedroom / one-bathroom unit and one (1) two-bedroom / two-bathroom unit. The building also features one (1) unpermitted one-bedroom / one-bathroom unit.
City Heights is known for its cultural diversity, locally owned businesses, and international cuisine. The residents are centrally located in San Diego near ground zero of City Heights new urban core. Residents enjoy quick access to El Cajon Boulevard and Interstate-15. 3613-15 Central Avenue is situated in a transit-oriented neighborhood with many public transportation options nearby. Located along major east-west/north-south thoroughfares and transit hubs provides residents with ease of access to jobs, education, public facilities, parks and community recreation. The property boasts a walk score of 93 on walkscore.com’s 100-point scale and is considered “Very Walkable” as daily errands do not require a car and countless retailers, restaurants, and services are also nearby.
3613-15 Central Avenue is a compelling investment opportunity in a thriving neighborhood. Its prime location, vibrant community, and potential for significant value appreciation make it attractive to both renters and investors. This property offers a promising chance to invest in a flourishing market, with substantial returns possible through strategic enhancements and management.