San Diego, CA

4286 Morrell Street | San Diego, CA

Purchase Price: $975,000

MUTIFAMILY PROPERTY FOR SALE

Crown Point 6 Unit Apartment Property Purchase Price: $975,000 Price Per Unit: $162,500 Pro Forma Cap Rate: 4.7% Seller Financing Available Must Close by End of Year • Seller Financing Terms: Must Close by End of Year, 10.25% Miniumum Down Payment, 5 Years at 3.95% Interest Only, Additional 5 Year Option • 98.5% Historical Occupancy, Immediate Upside Potential • Building Size: 1,552 SF

Katie Herrick

619-497-2255

www.naisandiego.com

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Real Estate Videos

Stath Karras on new role at Burnham-Moores Center

Dec. 11, 2014 -- George Chamberlin sits down for a talk with Stath Karras, who will be taking over the role as executive director for the Burnham-Moores Center for Real Estate at the University of San Diego in January.

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Commercial Leases Database

TitleMax itself Lopez Family Trust Charles Adolphe, Principal, of Lee & Associates Retail 4,116 square feet Chula Vista CA 91910 236 Broadway 5 year $426,000 12/18/2014
Bob's Smoke Shop itself Russo Suburban Enterprises Stewart Keith and Bill Thaxton of Flocke & Avoyer Commercial Real Estate Retail 712 square feet San Diego CA 92115 Campus Plaza 6165 El Cajon Blvd. 3 year a tobacco store $70,200 12/9/2014
Tofu House Marc Dudzik and Kelly Ness, CCIM of Lee & Associates Mesa Shopping Center, LLC themselves Retail 2,711 square feet San Diego CA 92126 9089 Mira Mesa Blvd. 144 month a restaurant specializing in Korean BBQ and Tofu dishes $1,310,000 11/17/2014
Last Updated 12/18/2014

Real Estate News

Carlyle stumbling in real estate as Blackstone wins

Thirty miles south of London, residents of Tunbridge Wells are disgusted.

CRESA

The noted author and poet Maya Angelou was referring to romantic relationships when she said, "Without mutual trust and respect, there can be no love," but the same can also be said of business relationships. Just ask Glenn Friedrich, Don Mitchell and Russ Sande, managing principals of the San Diego office of CRESA, the largest commercial real estate firm in North America solely dedicated to tenant representation.

Rancho Bernardo industrial/office complex sold

Technology Place Office Partners, a unit of Palo Alto-based Menlo Equities Associates, has paid $22 million for the 10-building, 152,730-square-foot One Technology Place office complex in Rancho Bernardo.

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Homes for Sale

Seller will entertain offers between $5,950,000 - $7,350,000
$799,000
$8,495,000
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