Pacific Beach

1647 Grand Avenue

Purchase Price: $3,150,000

MUTIFAMILY PROPERTY FOR SALE

MUTIFAMILY PROPERTY FOR SALE Pacific Beach 18 Unit Apartment Property Purchase Price: $3,150,000 Price Per Unit: $173,056 Price per Bldg SF: $315 Pro Forma Cap Rate: 4.4% Pro Forma GRM: 12.8 • Building Size: 9,901 SF • Amenities Include: Enclosed Courtyard, Luxurious Gated Pool, On-site Laundry, Parking, Mature Irrigated Lanscaping • Approx. 1 mile from Beach, 1/2 mile from Mission Bay • Major Throroughfare to I-5 and Ingraham Street For Information contact our exclusive listing agent: For Information contact our exclusive listing agent: Michael Glickstein, CCIM Lic # 01761228 mglickstein@naisandiego.com | cell 619 379 3337

Michael Glickstein

(619) 497-2255

www.naisandiego.com

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More About This Community...

Pacific Beach

Pacific Beach

Pacific Beach is known as a haven for post-collegiate party-goers and surfers, but as real estate prices continue to increase, it is becoming home to more young professionals and families.

Pacific Beach on the map

Pacific Beach on the map

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

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
Intreis Josh Burland of Burland Commercial Peregrine Realty Josh Buchholz of NAI San Diego Office 2,161 square feet San Diego CA 92110 2251 San Diego Ave., Suite B150 39 month $190,000 11/17/2014
Last Updated 12/9/2014

Real Estate News

Foreclosure filings continue to drop across country

Foreclosure filings were recorded on 9 percent fewer properties in November than the previous month, according to RealtyTrac’s monthly foreclosure market report.

Fixed mortgage rates rose

Average U.S. long-term mortgage rates edged higher this week, after four weeks of declines, but they remained at historically low levels that could entice potential homebuyers.

Fannie, Freddie low-income housing

Fannie Mae and Freddie Mac will start making payments that could total hundreds of millions of dollars annually into a fund for affordable housing.

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