5747 Lauretta St, San Diego, CA 92110
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Listed Price :
$4,450,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
We are pleased to present THE PALMS, a 12-unit multifamily investment opportunity in the highly desirable Linda Vista neighborhood of central San Diego. The property is ideally positioned across from the University of San Diego (USD) and offers exceptional long-term value in a walkable, amenity-rich location. Originally built in 1962, The Palms underwent a major renovation in 2017, modernizing both interior and exterior features while preserving its mid-century charm. The property sits on a spacious 9,984-square-foot lot and consists of ten (10) one-bedroom, one-bath units, and two (2) studio units, totaling approximately 6,350 rentable square feet. Each unit is individually metered for gas and electricity, ensuring cost-efficient operations for ownership. Fully renovated interiors featuring modern granite countertops, new cabinetry, stainless steel appliances (refrigerator, range, built-in microwave, and dishwasher), luxury vinyl wood plank flooring, updated bathroom vanities, fixtures, lighting, and fresh paint. One unit is equipped with an in-unit washer and dryer, and new plumbing was installed on the first floor of Building 1. Upgraded exterior and community amenities, including dual-pane retrofit windows, new roof (2017), fresh exterior paint, an enhanced pool area and deck with new concrete, fencing, patio furniture, and updated landscaping. The property also features controlled access entry, an on-site owner-operated laundry facility, and six (6) added storage units for additional revenue potential.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Listing Information
Address |
5747 Lauretta St |
City |
San Diego |
State |
CA |
Zip |
92110 |
County |
San Diego |
Listing Agent |
Bill Anderson DRE #01441142 |
Courtesy Of |
Acre Investment Real Estate |
List Price |
$4,450,000 |
Status |
Active |
Type |
Commercial |
Subtype |
Mixed Use |
Structure Size |
N/A |
Lot Size |
N/A |
Listing information courtesy of: Bill Anderson, Acre Investment Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 19th, 2025 at 4:33 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.