FAIRWAY APARTMENTS – 4170 52ND STREET SAN DIEGO, CA

Braun International is pleased to present a lucrative opportunity to Invest into a 50% Tenants In Common Interest property located in San Diego, CA. This 26 unit apartment building is comprised of (13) two-bedroom/one bathroom and (13) 1-bedroom/one bathroom units. This property boasts over 22 thousand rentable square feet which sits between 3 separate buildings on a lot that is 0.44 acres.

In addition to this property’s excellent unit mix, it is located in an optimal location. Situated within 12 miles of the coast, San Diego Zoo and Coronado Island, this property offers easy access to recreation and leisure. Moreover, this property is located 2 miles away from San Diego State University – offering a perfect place for student tenants. Moreover, this property is located directly adjacent to a park/golf course.

This property has a tremendous location along with close proximity to amenities which provides a unique mix of possibilities and allows for tremendous opportunity within the lucrative San Diego rental market.

INVESTMENT HIGHLIGHTS

  • • 26 total units
  • • Excellent Unit Mix | Close proximity to San Diego
  • • Easy Commutes | 2 miles from SDSU | Close Proximity to Recreation | beaches, entertainment, golf course/ park across the street
  • • Professionally Managed
  • • Homes within 5 miles radius can be valued at over $1 million
  • • 50% Tenants In Common Interest
  • • Sheltered/gated parking
  • • Easy access to outdoor areas (park etc.)

Property Summary

The Offering:

  • • Property Address: 4170 52nd Street San Diego, CA
  • • Assessors Parcel: 7369-013-027
  • • Zoning: RM1-3
  • • Site Description:
  • • Number of Units: 26
  • • Number of buildings: 3
  • • Number of stories: 2
  • • Year Built: N/A
  • • Gross SF: 22,818
  • • Lot Size: 0.44 Acres
  • • Type Of Ownership: Free Simple
  • • Parking: Sheltered/Gated

Construction:

  • • Foundation: Concrete
  • • Framing: Wood
  • • Exterior: Stucco