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Key Details
Sold Price $2,700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250018668SD
Sold Date 07/17/25
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
Poinsettia Apartments is a prime investment opportunity, perfectly located in the heart of Point Loma Village. This well-maintained property offers a desirable unit mix, including two 1-bedroom/1-bath, four 2-bedroom/1-bath, and one 3-bedroom/2-bath apartment homes. Parking is conveniently provided at a ratio of two spaces per unit. Recent capital improvements, such as new vinyl-pane windows, have been made, and select units feature moderate upgrades. Additionally, there is Significant potential for a buyer to implement a full renovation program, which would allow for a substantial increase in rental income. The property is ideally situated just one block from a variety of restaurants, shops, a grocery store, and the public library, offering residents an easy walk to essential amenities. Point Loma Village is known for its laid-back, neighborhood vibe, with the perfect balance of coastal charm and convenience.
Location
State CA
County San Diego
Area 92106 - Point Loma
Interior
Fireplace No
Exterior
Total Parking Spaces 14
Others
Tax ID 4496301500
Financing Cash to New Loan
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Bought with Zehra Rizvi HomeSmart Realty West