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5526 Lauretta St

San Diego, CA 92110
  • $19,500,000
  • STATUS: Active
  • ON SITE: 84 Days
  • ID#: 210025902
UPDATED: 32 min ago
$19,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent: Steven Cairncross of Berkshire Hathaway Homeservice and Patrick Cairncross of Berkshire Hathaway Homeservice


Description

New construction 30-unit apartment building featuring all 2 bed, 2 baths just 3 blocks to the University of San Diego. Projected rent for 27 market rate units is $3,300 each. Three density bonus units rent at $1,260 each. Units feature open concept kitchen and living room, vinyl flooring throughout, quartz countertops in baths and kitchen, central AC, in-unit laundry, and balcony(s). Tenants pay their own utilities. All units are ADA compliant. Building has keyed and code entry, elevator, solar for common areas, and secure garage parking for 30 vehicles. ** Fully approved condo map. ** 2021 construction will have final approval by 9/20/2021 with leasing starting immediately. Currently vacant. Central and highly walkable location 3 blocks to the west entrance of the University of San Diego campus, 0.5 walking-miles to Mission Valley YMCA, 0.4 walking-miles to the Morena/Linda Vista Trolley Stop, 1.5 driving-miles to the Fashion Valley Mall, and a short stroll to many more neighborhood attractions including Starbucks and many restaurants. Easy access to I-8 and I-5 for trips to the airport, downtown, and nearby beaches. Tenants pay for utilities in addition to rent. Each tenant has their own electric meter. Each tenant has a sub meter on both hot and cold water. The total of those will be billed pro rata to the tenant for water use. Their pro rata share of the hot water will become their share of the gas meter bill. Each tenant will also pay 1/30 of the trash bill. ** Building has a solar system in place for the house power only, which will offset the cost of operating the vehicle gate, elevator, and common area/lobby power. ** All apartments are pre-wired for individual solar. Panels are not installed for individual apartments. Cooling: Central Forced Air Gas

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T08:25:12.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Fox Real Estate Team | HomeSmart Realty West. Licensed in the State of California, USA.
www.thefoxfactor.com/homes/121345001
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5526 Lauretta St San Diego, CA 92110

  • Price: $19,500,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 32 min ago
  • ID#: 210025902
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
92110 - Old Town Sd
County:
San Diego
Area:
92110 - Old Town Sd
Property Description
New construction 30-unit apartment building featuring all 2 bed, 2 baths just 3 blocks to the University of San Diego. Projected rent for 27 market rate units is $3,300 each. Three density bonus units rent at $1,260 each. Units feature open concept kitchen and living room, vinyl flooring throughout, quartz countertops in baths and kitchen, central AC, in-unit laundry, and balcony(s). Tenants pay their own utilities. All units are ADA compliant. Building has keyed and code entry, elevator, solar for common areas, and secure garage parking for 30 vehicles. ** Fully approved condo map. ** 2021 construction will have final approval by 9/20/2021 with leasing starting immediately. Currently vacant. Central and highly walkable location 3 blocks to the west entrance of the University of San Diego campus, 0.5 walking-miles to Mission Valley YMCA, 0.4 walking-miles to the Morena/Linda Vista Trolley Stop, 1.5 driving-miles to the Fashion Valley Mall, and a short stroll to many more neighborhood attractions including Starbucks and many restaurants. Easy access to I-8 and I-5 for trips to the airport, downtown, and nearby beaches. Tenants pay for utilities in addition to rent. Each tenant has their own electric meter. Each tenant has a sub meter on both hot and cold water. The total of those will be billed pro rata to the tenant for water use. Their pro rata share of the hot water will become their share of the gas meter bill. Each tenant will also pay 1/30 of the trash bill. ** Building has a solar system in place for the house power only, which will offset the cost of operating the vehicle gate, elevator, and common area/lobby power. ** All apartments are pre-wired for individual solar. Panels are not installed for individual apartments. Cooling: Central Forced Air Gas
Exterior Features

Parking Total 30 Roof Composition

Interior Features

Heating Forced Air Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 0 Listing Agreement Exclusive Right To Sell Operating Expense 0 Property Sub Type Mixed Use



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T08:25:12.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Fox Real Estate Team | HomeSmart Realty West. Licensed in the State of California, USA.
 
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Fox Real Estate Team | HomeSmart Realty West
300 Carlsbad Village Drive #217
Carlsbad CA, 92008
Listing Agent: Steven Cairncross of Berkshire Hathaway Homeservice and Patrick Cairncross of Berkshire Hathaway Homeservice