Property listed by Balboa Real Estate Inc, Robert Nourani 888-787-8808
1434 Garnet Avenue
San Diego, CA 92109
$2,699,000
If you go to the property, please don't tell others this property is for sale - 6 Blocks to the beach or La Jolla - 100% rented - Retail & residential mixed use - Very visible standalone building - Over 32,000 vehicles pass by at a slow speed in front… Read More of the property every day - The City said it can be built up to 4,680 square feet & up to 35 feet high, the buyer to confirm this with the City before the close of escrow - Walking distance to hundreds of restaurants, bars, shops, the beach, etc. 6 Short blocks to the beach or La Jolla, in 1 of the photos you can even see the famous Crystal Pier - If you go to the property please don’t tell others this property is for sale - Very visible standalone building - 100% rented - Buy this mixed-use property in Pacific Beach with easy alley & street access - Located at 1434 - 44 Garnet Avenue, San Diego CA 92109 - There is a 2,753 square foot large retail building in the front facing the sidewalk which can be turned into 3 separate retail stores - 50 feet frontage & 125 feet deep - There are 2 motor homes & 1 studio / office in the back for residential use - There is a billboard on the property which brings in $450 monthly income - Total monthly rental income is $15,950 - 100% occupied based on Month to Month rental agreements so the buyers can use any of the spaces for themselves - High demand area - Approximately 32,000 slow speed vehicles pass in front of this property every day so there is no need to advertise to get people to go to this property - Reserved parking spaces in the back & plenty of free street parking in the front - I personally own a 21 unit commercial building 3 blocks to the West of this property which I bought over 28 years ago, I have never had any vacancies & have a long waiting list - 10 Minutes or 6 miles away from the main airport in San Diego - 2 Miles from Freeway 5 - Zoning is CC-4-2 - According to the City, if the buyers wish they can build up to 35 feet high & 4,686 square feet of residential & retail spaces which is 75% of the 6,249 square foot lot - Buyers to contact the City to confirm all of the above info before close of escrow - A 30 to 90 day escrow is OK - Less than 200 feet from the famous Mr. Frostie Ice Cream, Health Club, O’Reilly’s Auto Parts, a large sports equipment store & walking distance to dozens of restaurants & sports bars - Large newer sliding gate in the back & a small pedestrian gate in the front - If you would like to see the inside call me to make an appointment - & many more……. - If you have any questions please contact me. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Lot Size
0.14 Acres
MLS Number
2600061SD
Additional Details
Building
1 building, Construction Materials: Block, Drywall, Frame, Stucco
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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