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3525-3549 Indiana St
San Diego, CA 92104

$19,000,000 USD

Apartments For Sale  •  18,445 SF

Property Details

  • Property Type Apartments
  • Total Building Size 18,445 SF
  • Lot Size 0.56 AC
  • Building Class C
  • Year Built 1923
  • Cap Rate 2.44 %
  • Zoning 9
54 Transit Score
82 Walk Score

Highlights

Available HUD Loan Assumption @ 2.5% Fixed for 35 Years
Brand new 2019 Construction
High End, Condo Quality Upgrades Throughout
Rents are Aprox. 4.5% Below Market
Paid for Solar System
Portion of the Property Benefits from Mills Act gaining Property Tax Savings

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $519,004 USD (2024)
Cap Rate: 2.44 %
Total Expenses: $415,374 USD

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Controlled Access
  • Courtyard
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Gated
  • Heating
  • Ceiling Fans
  • Kitchen
  • Vaulted Ceiling
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Wi-Fi
  • Bicycle Storage
  • Car Charging Station
  • Deck
  • Vinyl Flooring

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 7 min - 3.3 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 9 min - 4.6 mi
AirportDriveWalkDistance
San Diego International 9 min - 3.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Covered
Included in Rent: Yes
Thomas McCartin 858-373-3196 The McCartin Group
Thomas McCartin 858-373-3196 The McCartin Group