1029-31 GARNET AVE
Coastal South SAN DIEGO 92109

$2,950,000
Com-Off/Rtl/Ind

Main Photo: Property for sale: 1029-31 GARNET AVE in SAN DIEGO
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Status:
Active
Prop. Type:
Com-Off/Rtl/Ind
MLS® Num:
240007020
GARNET AVE. REDUCED $300,000-2 COMMERCIAL UNITS LESS THAN 4 BLOCKS TO THE OCEAN IN THE HEART OF THE PACIFIC BEACH BUSINESS DISTRICT. TREMENDOUS PEDESTRIAN AND TRAFFIC COUNTS. FENCED PARKING. 1 UNIT AVAILABLE FOR RENT AT $3200 MONTHLY. ADDITIONAL BILLBOARD INCOME $6200 PER YEAR. LOCATION, LOCATION, LOCATION!!!
Lease Rate:
4
Rental Amount:
7550
Tenant pays:
Electricity, Gas/Propane, Insurance, Janitor, Water
Price Includes:
Building, Land, Leases
Lease per Sq Ft:
$907.69
Price Per SqFt:
1000.0
Total Floor Area:
6,210 sq. ft.
Lot Size:
6,098.4 sq. ft.
Lot Size Commercial:
.25 Acres or less
Lot Details:
50/124
Stories:
1 Story
Num Stories:
1
County:
San Diego
Market Area:
Coastal South
Neighboring Business Types:
RESTAURANTS/BARS, RETAIL-PERSONAL SVS/TRAVEL, FITNESS, PHOTOGRAPHY, CLOTHING, COIN/JEWELERY
Parking:
7 SPACES
Flood Zone:
Hazard Unknown
Geological Hazard Zone:
Hazard Unknown
Unit Number for Unit 1:
1031
Finished Area for Unit 1:
2,450 sq. ft.
Unit 1 Lease Expires:
03 31 2025
Unit 1 Min Lease Term:
1YEAR
Total Rent for Unit 1:
4350.0
Unit Number for Unit 2:
1029
Finished Area for Unit 2:
800 sq. ft.
Unit 2 Lease Expires:
04 03 2024
Unit 2 Min Lease Term:
1YEAR
Total Rent for Unit 2:
3200.0
EAST OF CASS ON SOUTH SIDE OF GARNET.
Short Sale:
No
Listing Type:
Exclusive Right (R)
Special:
City Transfer Tax
Zoning:
COMMERCIAL
Number of Buildings:
2
Number of Units:
2
Terms:
Cash, Cash to New Loan, Exchange Down, Exchange Up, Submit
Construction Material:
Block, Glass
Cooling:
Central Forced Air Elec
Heating:
Central Forced Air Elec
Roof:
Other/Remarks
Floor finish:
Slab
Sales Restrictions:
Call Agent, Other/Remarks
Parcel Number:
4230510501
Cap Rate.:
3.9
Other income:
0
Gross scheduled income:
94800.0
Operating expense:
17860
Total P&I pay:
76940.0
Other income actual:
6200
Existing Financing:
Clear
Present Loan:
0
Financial Information Source:
Owner, Tax Return
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Data was last updated June 7, 2024 at 01:10 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$3,200
Min list price:
$300
Max list price:
$4,200,000
Avg days on market:
66
Min days on market:
50
Max days on market:
996
Avg price per sq.ft.:
$45.35
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations.
Patrick J. Park, MBA
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