1858 Newton Avenue, San Diego, CA 92113
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Listed Price :
$5,750,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
One of the most unique properties in all of San Diego's famous Barrio Logan sector. This prime location property is situated blocks from Barrio Logan light rail station, NASCO shipyards, the US Navy, Local purveyors, and more. Located in the Historic Barrio Logan area lends you access to the Int 5 North and South, Int 1`5 North, Mexico, International Border, and Int 8 East. The average market rent for similar properties in the area at $1.26 /SF has a projected NOI of $358,797 equaling a 6.23% Cap Rate. Additionally the property is located in the government propcurement zone, as well it is in the Opportunity Zone allowing a savvy investor with the opportunity to potentially avoid capital gains tax.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
1858 Newton Avenue |
| City |
San Diego |
| State |
CA |
| Zip |
92113 |
| County |
San Diego |
| Listing Agent |
Jacob Plewa DRE #02041641 |
| Courtesy Of |
REMAX COMMERCIAL & INVESTMENT REALTY |
| List Price |
$5,750,000 |
| Status |
Pending |
| Type |
Commercial |
| Structure Size |
N/A |
| Lot Size |
27,878 |
Listing information courtesy of: Jacob Plewa, REMAX COMMERCIAL & INVESTMENT REALTY. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:15 PM 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.
