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 May 20, 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:
48
Min days on market:
32
Max days on market:
978
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
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego Multiple Listing Service, Inc.