Sold

Closed

3710 Madison Avenue

San Diego CA, 92116

$2,244,250


Sold

Closed

Commercial

Listed by Benn Vogelsang with NorthMarq Multifamily 415-250-4947

POSSIBLE SELLER FINANCING. Excited to present 3710 Madison Ave, a fantastic value-add investment that offers an investor 70% upside in rents in the rapidly accelerating rental market of Normal Heights. The 6,660 square foot structure built in 1959 is situated on a 6,947 square foot lot just over a block from Adams Avenue. The property features eight 2 Bedroom / 1 Bath units, each averaging over 800 square feet. Half of the units have been recently renovated with new flooring and kitchens. In addition, the property offers a common laundry space with leased washer/dryer and 10 surface parking spaces. Please do not walk on the property or disturb tenants.

240014829SD

MLS ID

June 27, 2024

Listed

December 5, 2024

Updated

Map

3710 Madison Avenue
San Diego CA, 92116

Interior Features

Fireplace

No


Cooling

Yes


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Area Name

92116 - Normal Heights


Days on Market

78


Garage

No


Parking Total

8


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

10/29/2024

Sold

$2,244,250

9/13/2024

Pending

8/28/2024

Price change

$2,650,000

-6%

7/25/2024

Price change

$2,800,000

-4%

Listing Contact: 858-675-7865 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 6:21 AM UTC

 

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