Pending
3710 Madison Avenue
Normal Heights CA, 92116
$2,650,000
$397.90 per sqft
Pending
2 Beds
6,660 sqft
Commercial
POSSIBLE SELLER FINANCING. Excited to present 3710 Madison Ave, a fantastic value-add investment that offers an investor 70% upside in rents in the rapidly accelerating rental market of Normal Heights. The 6,660 square foot structure built in 1959 is situated on a 6,947 square foot lot just over a block from Adams Avenue. The property features eight 2 Bedroom / 1 Bath units, each averaging over 800 square feet. Half of the units have been recently renovated with new flooring and kitchens. In addition, the property offers a common laundry space with leased washer/dryer and 10 surface parking spaces. Please do not walk on the property or disturb tenants.
240014829
MLSⓇ ID
June 27, 2024
Listed
October 2, 2024
Updated
Map
3710 Madison Avenue
Normal Heights CA, 92116
Interior Features
Total Stories
2
Bedrooms
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Other Property Details
Area Name
Metro Uptown
Days on Market
78
Garage
No
Parking Total
8
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/13/2024 | Pending | — |
8/28/2024 | Price change | $2,650,000 -6% |
7/25/2024 | Price change | $2,800,000 -4% |
7/20/2024 | Active | — |
7/19/2024 | Pending | — |
Listed by NorthMarq Multifamily, Benn Vogelsang,
Listing Contact: 415-250-4947
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Data last updated 4:58 AM UTC, 10/2/2024