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Key Details
Sold Price $5,130,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240013211SD
Sold Date 09/18/24
HOA Y/N No
Lot Size 0.390 Acres
Property Description
REDUCED PRICED! We are pleased to present Marlborough Villas Apartments for sale in a northern City Heights location. Completed in 1981, Marlborough Villas is a well-maintained apartment community featuring large floor plans with updated interiors. The unit mix includes twelve 2bd/1.5ba town homes, four 2bd/2ba flats, one large 3bd/2ba unit and one 1bd/1ba unit. All of the units have in-unit washer/dryers and private balconies or patios. There is assumable financing available with vastly superior terms than what an investor can get in today's market. The property was extensively renovated in 2007 with the intent to sell as condominiums. Renovations included new windows and doors, updated kitchens with new appliances, granite counter tops and in-unit washer/dryers. The property has a Final Map allowing a buyer to sell units as condominiums as a potential exit strategy.
Location
State CA
County San Diego
Area 92105 - East San Diego
Interior
Fireplace No
Exterior
Total Parking Spaces 29
Others
Tax ID 4547533100
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Bought with Eric Comer • Eric D. Comer, Broker