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$2,699,998 / 3br - 2753ft2 - Great mixed-use property for sale in PB (Pacific Beach)

1434-1444 Garnet Avenue, San Diego, CA 92109

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1434-1444 Garnet Avenue near Gresham Street

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3BR / 4Ba 2753ft2 available now
license info: DRE#01350632
1ST TIME ADVERTISED - 6 Short blocks to the beach or La Jolla, in 1 of the photos you can even see the famous Crystal Pier - If you go to the property please don’t tell others this property is for sale - 100% rented - Very visible standalone building - Buy this mixed-use property in Pacific Beach with easy alley and street access - Located at 1434 - 44 Garnet Avenue, San Diego CA 92109 - 50 feet frontage and 125 feet deep - There are 2 motor homes and 1 studio / office in the back for residential use (permits unknown) A 30 to 90 day escrow is OK - Total monthly rental income is $15,950 - 100% occupied based on Month to Month rental agreements so the buyers can use any of the spaces for themselves - Approximately 32,000 slow speed vehicles pass in front of this property every day so there is no need to advertise to get people to go to this property - Reserved parking spaces in the back and plenty of free street parking in the front - There is a billboard on the property which brings in $450 monthly income - There is a 2,753 square foot large retail building in the front facing the sidewalk which can be turned into 3 separate retail stores - I personally own a 21 unit commercial building 3 blocks to the West of this property which I bought over 28 years ago, I have never had any vacancies and have a long waiting list - Zoning is CC-4-2 - 10 Minutes or 6 miles away from the main airport in San Diego - High demand area - 2 Miles from Freeway 5 - According to the City, if the buyers wish they can build up to 35 feet high and 4,686 square feet of residential and retail spaces which is 75% of the 6,249 square foot lot - Buyers to contact the City to confirm all of the above info before close of escrow - Less than 200 feet from the famous Mr. Frostie Ice Cream, Health Club, O’Reilly’s Auto Parts, a large sports equipment store and walking distance to dozens of restaurants and sports bars - Large newer sliding gate in the back and a small pedestrian gate in the front - If you would like to see the inside call me to make an appointment - and many more……. - If you have any questions please contact me.

post id: 7883928734

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