The addresses include 3339-3367 4th Ave. and 419 Upas St. in Banker' s Hill, just a block and a half from Balboa Park in a prime redevelopment area. This property has great pride of ownership with over $1.275 million in exterior and interior improvements made over the past 4 years. 4th and Upas consists of four buildings and one parking lot on 20,000 square feet of land which is made up of four contiguous 50' x 100' lots with three separate parcel numbers. There is 11,908 square feet of usable/leasable space, all of which is fully leased. It also boasts 24 off street parking spaces which is a rare find in this area.

Great Opportunity For Future Development -

Zoned MCCPD-NP-1 which allows 1 DU per 600 SF

Location Description:

Just blocks from Downtown San Diego, Little Italy, Mission Hills, and the Hillcrest Business District, this property is situated in a highly thriving and developing market.

Highlights:

>>

Sales Info:

>> Cap rate: 2.5%

>> NOI: $109847