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Multifamily

4805 Iroquois Ave

4805 Iroquois Ave, San Diego, CA 92117

Listing Price: $3,400,000

Cap Rate
4.78%
Number of Units
4
Price/Unit
$850,000
Price/Gross SF
$855.13
Gross SF
3,976

Investment Overview

We are pleased to present 4805 Iroquois Avenue, a 4-unit multi-residential asset in the highly sought after Bay Park neighborhood of San Diego, California. The asset features a combination of brand new, 3-story townhome style construction, with contemporary design and views of Mission Bay, centered behind two luxurious and fully renovated existing street facing units. The property boasts a unit-mix with 2 three-bedroom / two-and-a-half-bathroom 3-story townhome floorplans averaging 1,200 square feet, and 2 two-bedroom / one-bathroom single-story units averaging 788 square feet. The single-story units have undergone extensive luxury renovations, with no expenses spared, and the finished product of the newly constructed townhomes is superior in kind and most important to quality. Interiors feature plenty of natural sunlight and are appointed with premium designer fixtures and finishes, granite waterfall countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile bath and shower enclosures, stylish metal staircase and deck railings, wrap-around balconies, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Select units feature private front yards, double car garages, and private off-street parking. The site location is ideal, just outside Pacific Beach’s bustle and congestion. Bay Park is a quintessential coastal alternative that offers residents quick access to enjoy Mission Bay and the stunning Southern California coastline, and other vibrant neighborhoods nearby like Little Italy, Hillcrest, and downtown San Diego, without Pacific Beach’s closed-in traffic. The area is walkable, and proximate to Sprouts, Starbucks, Rite Aid, Verizon, Sola Solan, Bay Hill Tavern, 7-11, and Modo Yoga. Interstate-5 is only 1.0 mile from, and there are two separate MTS Trolley and Rapid Transit Stations within 2.0 miles, providing convenient high-quality transportation options to UTC, downtown San Diego (a Tier-1 employment center), and other popular destinations throughout San Diego County.

Investment Highlights

  • Luxury asset featuring a combination of newly constructed and fully renovated units
  • Boasts two- and three-bedroom units, including 3-story townhome style floorplans with sweeping views of Mission Bay & The Pacific Ocean
  • Proximate to Pacific Beach communities; quick access to Mission Bay and the stunning Pacific shoreline
  • Features in-unit washers & dryers, split-level HVAC systems, with private front yards, parking, or wrap-around balconies in select units
  • Exceptional opportunity as an owner-occupied investment
  • Located along Interstate 5 and the new trolley line; within 2.0 miles from two separate MTS Trolley and Rapid Stations

Exclusively Listed By

Multifamily

4805 Iroquois Ave

Listing Price: $3,400,000

Cap Rate
4.78%
Number of Units
4
Price/Unit
$850,000
Price/Gross SF
$855.13
Gross SF
3,976

Investment Highlights

  • Luxury asset featuring a combination of newly constructed and fully renovated units
  • Boasts two- and three-bedroom units, including 3-story townhome style floorplans with sweeping views of Mission Bay & The Pacific Ocean
  • Proximate to Pacific Beach communities; quick access to Mission Bay and the stunning Pacific shoreline
  • Features in-unit washers & dryers, split-level HVAC systems, with private front yards, parking, or wrap-around balconies in select units
  • Exceptional opportunity as an owner-occupied investment
  • Located along Interstate 5 and the new trolley line; within 2.0 miles from two separate MTS Trolley and Rapid Stations

Investment Overview

We are pleased to present 4805 Iroquois Avenue, a 4-unit multi-residential asset in the highly sought after Bay Park neighborhood of San Diego, California. The asset features a combination of brand new, 3-story townhome style construction, with contemporary design and views of Mission Bay, centered behind two luxurious and fully renovated existing street facing units. The property boasts a unit-mix with 2 three-bedroom / two-and-a-half-bathroom 3-story townhome floorplans averaging 1,200 square feet, and 2 two-bedroom / one-bathroom single-story units averaging 788 square feet. The single-story units have undergone extensive luxury renovations, with no expenses spared, and the finished product of the newly constructed townhomes is superior in kind and most important to quality. Interiors feature plenty of natural sunlight and are appointed with premium designer fixtures and finishes, granite waterfall countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile bath and shower enclosures, stylish metal staircase and deck railings, wrap-around balconies, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Select units feature private front yards, double car garages, and private off-street parking. The site location is ideal, just outside Pacific Beach’s bustle and congestion. Bay Park is a quintessential coastal alternative that offers residents quick access to enjoy Mission Bay and the stunning Southern California coastline, and other vibrant neighborhoods nearby like Little Italy, Hillcrest, and downtown San Diego, without Pacific Beach’s closed-in traffic. The area is walkable, and proximate to Sprouts, Starbucks, Rite Aid, Verizon, Sola Solan, Bay Hill Tavern, 7-11, and Modo Yoga. Interstate-5 is only 1.0 mile from, and there are two separate MTS Trolley and Rapid Transit Stations within 2.0 miles, providing convenient high-quality transportation options to UTC, downtown San Diego (a Tier-1 employment center), and other popular destinations throughout San Diego County.

Exclusively Listed By

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