Active

3204 Collier Ave

Normal Heights CA, 92116

$4,000,000


$744.88 per sqft

Active

5 Beds

5,370 sqft

Commercial

We are pleased to present 3204 Collier Ave. in the sought after neighborhood of Normal Heights. This 8 unit apartment complex has been completely renovated in the last 6 months with over $750,000 in capital improvements. There are four large 1bedroom/1bath units, two 2bedroom/1bath units, and one 2bedroom/2bath unit. All units have been extensively remodeled with high-end finishes including flooring, paint, and appliances. All units all have new washer/dryers, splits with A/C and heat, and tankless water heaters. The exterior renovations include a new roof, concrete, landscape and stucco. With brand new market rent leases and RUBs in place, this 8 unit apartment complex is perfect for an investor looking for low maintenance and low management with a true 5% CAP with new taxes and insurance. Potential to for an investor to convert garages into ADU's for additional income.

240013187

MLS ID

June 10, 2024

Listed

July 13, 2024

Updated

Map

3204 Collier Ave
Normal Heights CA, 92116

Interior Features

Total Stories

2


Bedrooms

5


Laundry Description

Owned


Floor Description

Concrete, Vinyl, Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other/Remarks

Exterior/Building Features

Lot Features

Landscaped


Roof

Other

Other Property Details

Area Name

Metro Uptown


Days on Market

28


Garage

Yes


Parking

Garage, Spaces


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

7/9/2024

Active

6/26/2024

Pending

6/20/2024

Price Change

$4,000,000

-6%

Listed by KB Investments, Krista K Losito,
Listing Contact: 858-243-6570 

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Data last updated 7:18 PM UTC, 7/13/2024

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