Homes for sale - 3845 Chamoune Avenue, San Diego, CA 92105

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Rene Ramirez

findmycastle@castrarealty.com +1(951) 384-0656

$6,095,000

Est. payment - /mo

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250041714SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

CASH FLOW! CASH FLOW! CASH FLOW! Discover the pinnacle of real estate investment in the vibrant City Heights neighborhood of San Diego. Presenting 3845-55 Chamoune Avenue—a newly listed 22-unit apartment building that epitomizes stability, convenience, and unparalleled returns. Take advantage of an assumable Freddie Mac loan, featuring a loan balance of $3,240,000 and an attractive interest-only rate of only 3.03% through March 2029, further enhancing the property's affordability and profitability. Boasting twenty meticulously crafted one-bedroom, one-bathroom apartments, alongside a two-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom apartment, this property caters to diverse tenant preferences, ensuring high occupancy rates and steady rental income streams. Benefit from recent capital investments, including newer roofs, fresh exterior paint, upgraded fencing, security systems, energy-efficient windows, and essential infrastructure enhancements such as rerouted water lines and interior unit upgrades—ensuring minimal maintenance costs and maximum tenant satisfaction. Experience the pinnacle of comfort and convenience with ample off-street parking and on-site laundry facilities, elevating the resident experience and fostering long-term tenant satisfaction. This investment gem promises exceptional cash flow from day one, boasting an impressive yield of approximately 7.4% (day 1!).

Location

State CA

County San Diego

Area 92105 - East San Diego

Interior

Fireplace No

Others

Tax ID 4715813500

Virtual Tour https://www.propertypanorama.com/instaview/snd/250041714

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Listed by Josh Browar The Browar Group

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NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

10

Hearst Elementary School

Public | KG - 5
9

McKinley Elementary School

Public | KG - 5
9

Hardy Elementary School

Public | KG - 5
8

Garfield Elementary School

Public | PK - 5
8

Edison Elementary School

Public | PK - 5
8

Rolando Park Elementary School

Public | PK - 5
7

Jefferson Elementary School

Public | PK - 5
7

San Diego Global Vision Academy

Public | KG - 5
7

Oak Park Elementary School

Public | KG - 5
6

Normal Heights Elementary School

Public | PK - 5
6

Rowan Elementary School

Public | KG - 5
6

Marshall Elementary School

Public | PK - 5
6

Language Academy

Public | KG - 8
6

Clay Elementary School

Public | KG - 5
5

McGill School of Success

Public | KG - 3
5

Einstein Academy

Public | KG - 5
5

Juarez Elementary School

Public | KG - 5
5

Golden Hill School

Public | PK - 8
5

Adams Elementary School

Public | PK - 5
5

America's Finest Charter

Public | KG - 8

Middle Schools 14

7

Albert Einstein Academy Charter Middle School

Public | 6 - 8
6

Gompers Preparatory Academy

Public | 6 - 12
4

Health Sciences Middle School

Public | 6 - 9
4

Clark Middle School

Public | 6 - 8
3

Wilson Middle School

Public | 6 - 8
3

Mann Middle School

Public | 6 - 8
2

Millennial Tech Middle School

Public | 6 - 8
1

King-Chavez Preparatory Academy

Public | 6 - 8
0

Cook Education Center - Tiee

Private | 7 - 12
0

San Diego Global Vision Academy Middle School

Public | 6 - 8
0

Academy of Arts and Sciences: del Mar Middle & Hig

Public | 6 - 12
0

Academy of Arts and Scis: el Cajon Middle and High (6

Public | 6 - 12
0

City Heights Preparatory Charter

Public | 6 - 12
0

Nativity Preparatory Academy

Private | 6 - 8

High Schools 10

6

Health Sciences High School

Public | 9 - 12
5

Lincoln High School

Public | 9 - 12
4

Crawford High School

Public | 9 - 12
3

Hoover High School

Public | 9 - 12
1

Arroyo Paseo Charter High School

Public | 9 - 12
0

Urban Skills Center

Private | 9 - 12
0

Academy of Our Lady of Peace

Private | 9 - 12
0

St Augustine High School

Private | 9 - 12
0

Brookshire International Academy

Private | 11 - 12
0

Iftin University Preparatory High School

Public | 9 - 12

School and business data provided by Attom Data.

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Rene Ramirez

+1(951) 384-0656

Broker | License ID: 02038829

Broker License ID: 02038829

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3845 Chamoune Avenue San Diego, CA 92105

Rene Ramirez

Key Details

Location

Interior

Others

MORTGAGE CALCULATOR

NEARBY SCHOOL & BUSINESS

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3845 Chamoune Avenue