CA > San Diego
San Diego, CA 92116,5050 Marlborough Dr. (-70)
San Diego, CA 92116,5050 Marlborough Dr. (-70)
San Diego, CA 92116,5050 Marlborough Dr. (-70)
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
11
Jan
Mon
12
Jan
Tue
13
Jan
Ron Taibi

Ron Taibi

+1(661) 212-1135
$6,250,000
Est. payment /mo
0.3 Acres Lot
Save Virtual Tour

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250041680SD

HOA Y/N No

Lot Size 0.298 Acres

Property Sub-Type Mixed Use

Property Description

Very Favorable, Assumable 1st TD of $3,000,000 at 5% Interest Only Payments for 8+ Years, Additionally, Seller Will Carry a 2nd TD with a Reasonable Down payment and at Reasonable Terms. VALUE ADD, Legacy Property, 'Marlborough Arms' is a Unique Vintage Style 11 Unit Rental Community Located in Kensington Heights, One of the Most Vibrant Rental Districts in Metro San Diego. A Once in a Lifetime Opportunity to Acquire this Landmark Income Property Consisting of (SIX) 1 Bed 1 Bath Apartments AND (FIVE) 2 Bed 1 Bath Apartments PLUS ADD (9) Studios Currently Under the City PERMIT PROCESS, Current YEARLY Income is Approximately $308,300, PLUS A Common Area Laundry, Situated on a 98x135 Corner Lot with an Alley.

Location

State CA

County San Diego

Area 92116 - Normal Heights

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Composition

Others

Tax ID 4401800400

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/snd/230023146

Read Less Info
CRMLS – RECore
Listed by Joe Carta Joe Carta Realty

Get More Information

Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of RE/MAX Of Santa Clarita, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.