3432-34 Florence Street

San Diego, CA 92113

$4,000,000
Last Sold Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

JUST PRICE REDUCED ASSUMABLE FINANCING AVAILABLE 4.27% through 2027 Pleased to present 3432-34 Florence St – 16 unit apartment building comprised of 100% 2 bedroom / 1 bathroom units totaling 11,144 SqFt on a 39,204 SqFt lot. The property sits in the Opportunity Zone. Units feature a private balcony or patio for outdoor space for tenants to enjoy. The property also features ample off-street parking and laundry facilities. Advertised rents reflect Rent Increases that take effect July 2023. This is...JUST PRICE REDUCED ASSUMABLE FINANCING AVAILABLE 4.27% through 2027 Pleased to present 3432-34 Florence St – 16 unit apartment building comprised of 100% 2 bedroom / 1 bathroom units totaling 11,144 SqFt on a 39,204 SqFt lot. The property sits in the Opportunity Zone. Units feature a private balcony or patio for outdoor space for tenants to enjoy. The property also features ample off-street parking and laundry facilities. Advertised rents reflect Rent Increases that take effect July 2023. This is a great investment for a value-add investor looking to add sweat equity into the building to produce a high income producing asset. Part of a two property portfolio with 2567 A St. Can be sold together or separately.
  1. Listed by Adrian Gonzalez-Pureco • DRE #01844618 • South Coast Commercial, Inc.

Property Details for 3432-34 Florence Street

City Postal ID
LOGAN HEIGHTS (92113)

Location

Listing Courtesy of South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618

Sold By South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618

Add your commute
LISTING UPDATED: 07/24/2023 10:52 AM

Property Details for 3432-34 Florence Street

StatusSold
MLS #230007511
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Apartment
Year Built-
Lot Size0.90 AC / 39,204 SF
CountySan Diego County

Location

Listing Courtesy of South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618

Sold By South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618

Add your commute

Building Information for 3432-34 Florence Street

Stories-Residences-Year Built-Building Size-Lot Size0.90 AC / 39,204 SF

Payment Calculator

$21,830 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3432-34 Florence Street

Summary Information
Property and Location
  • System ID: 230007511
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 3432
  • Street Name: Florence St
  • Market Area: Metro Central
Interior and Exterior Features
Exterior Features
  • Exterior: Metal Fence, Wood Fence
  • Roof: Composition
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: .75 through 1.5 Acres
  • Assessors Parcel Num: 545-701-17-00
Multi Family Information
Unit 1
  • Unit Rent: 1860
  • Unit Rent Total: $27,900
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Number of Bathrooms: 1
Unit 2
  • Unit Rent: 960
  • Unit Rent Total: $960
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Bathrooms: 1
Building Details
  • Unit Type: Apartment
  • Age: 1986
  • Construction: Frame
  • Floor Covering: Tile, Vinyl
  • Have: Apartments
  • Motive/Want: Sell
  • Parking: Spaces
  • SqFt of Improvement: 11,144
  • Tenant Pays Electric: Y
  • Tenant Pays Gas: Y
  • Tenant Pays Water: N

Property History for 3432-34 Florence Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3432-34 Florence Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Charter - K to 12
Public - 6 to 8
Rating
School
Distance
Emerson/Bandini Elementary School
PublicK to 6

San Diego Cooperative Charter School 2
CharterK to 8

America's Finest Charter
CharterK to 12

Memorial Scholars & Athletes School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618

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 SDMLS®. 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 SDMLS®, Inc.