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2821 Morena Boulevard

San Diego, CA 92117
  • $8,250,000
  • STATUS: ACTIVE
  • ON SITE: 86 Days
  • ID#: 230017788
UPDATED: 58 min ago
$8,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

The Villager Bay Park is a well maintained 20-unit multifamily offering in the highly sought after coastal Bay Park neighborhood of San Diego, California. In 2023, the property underwent a full renovation completely upgrading the interior units with a contemporary design. Comprised of 20 large studios, each unit is appointed vinyl plank flooring, modern cabinetry, vinyl double pane windows, and expansive views of Mission Bay. Given the highly desirable location of the property, residents are just a short walk or bike ride away from the beach, bay and numerous water activities. Residents are also in proximity to numerous dining and retail amenities, popular restaurants, beautiful golf courses, as well as quick access to Interstate-5, linking the property to all of San Diego County. The Villager Bay Park’s in-demand and remarkable Bay Park location makes it a perfect opportunity for an investor looking for a unique asset in a dynamic location.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/143295583
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2821 Morena Boulevard San Diego, CA 92117

  • Price: $8,250,000
  • Status: ACTIVE
  • On Site: 86 Days
  • Updated: 58 min ago
  • ID#: 230017788
0
Beds
1
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Clairemont Mesa (92117)
County:
San Diego
Area:
Clairemont Mesa (92117)
Property Description
The Villager Bay Park is a well maintained 20-unit multifamily offering in the highly sought after coastal Bay Park neighborhood of San Diego, California. In 2023, the property underwent a full renovation completely upgrading the interior units with a contemporary design. Comprised of 20 large studios, each unit is appointed vinyl plank flooring, modern cabinetry, vinyl double pane windows, and expansive views of Mission Bay. Given the highly desirable location of the property, residents are just a short walk or bike ride away from the beach, bay and numerous water activities. Residents are also in proximity to numerous dining and retail amenities, popular restaurants, beautiful golf courses, as well as quick access to Interstate-5, linking the property to all of San Diego County. The Villager Bay Park’s in-demand and remarkable Bay Park location makes it a perfect opportunity for an investor looking for a unique asset in a dynamic location.
Exterior Features

Construction Frame Exterior Cable Available Parking Spaces Parking Spaces Total 20 Roof Tar & Gravel

Interior Features

Floor Coverings Vinyl Sq Ft Of Improvement 10150 Stories 2 Story Units With Dishwashers 0 Units With Disposals 0 Units With Drapes 20 Units With Ranges 20 Units With Refrigerators 20

Property Features

Actual Gross Scheduled Income 612323.0 Actual Operating Expense 101016 Assumable Finance 0 Buildings 1 Financial Information Source Owner Gross Equity 0 Gross Multiplier 14 Have 20 Units Mandatory Remarks None Known Market Area Metro Motive Want Sale Short Sale No Special None Sq Ft Source Owner Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Unit Number1 20 Unit Rent Total1 42094 Unit Rent1 2105 Unit Type Apartment

San Diego MLS logo Listing provided courtesy of Tyler Sinks of Tyler Sinks, Broker: 619-890-8486. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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