I have sold a property at 3034-50 Canon Street in San Diego.
Outstanding Location in the Heart of Point Loma. Pride of Ownership Property with 17 Units and 1 Retail Space. This property is in excellent condition with New Roofs, New Exterior Paint, New Windows, New Rain Gutters, and many refurbished units. Irreplaceable Location right in the Village of Point Loma, walking distance to Shelter Island. Priced to Sell at only $146k per unit. Good Rental Upside. This is a 5.5% Cap Rate on realistic market rents for this area. This is a very hard to find Coastal Property that is priced to sell. Owner has upleg and is motivated to make a deal. Please do not disturb the tenants or walk on the property. They do not know it is for sale.
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