Active

6752 Solita Avenue

San Diego CA, 92115

$6,040,000


Active

Commercial

Listed by Corey McHenry with David Santistevan 619-565-0179

6752-6770 Solita Ave is an extremely unique multi-family offering in the City of San Diego in the highly desirable and upscale enclave of Rolando Village, surrounded by a residential community of upscale Homes. Just a little over a mile from San Diego State University (SDSU), a bustling University with more than 37,000 students. The property consists of 10 Single Family Detached 3BR/2BA homes with attached garages and yards. Originally built in 1984, the property has been extensively renovated to a high level to attract elite tenants. More than $800,000 was spent to reposition the property with recent comprehensive renovations including (but not limited to) new upscale kitchens and baths, new flooring and paint throughout, all new A/C mini-splits, new fixtures, new in-unit washer/dryers, new individual hot water heaters, new roofs throughout, windows, new low maintenance and drought tolerant landscaping, and much more. The median 3 bedroom home sales price within 1/2 mile of the property is $915,000, more than 50% higher than the individual unit list price of this unique offering. Rents of detached 3BR homes (like this offering) are priced significantly below that of the total monthly expense of a mortgage, property taxes and insurance of purchasing a similar home, typically ensuring owners with more stable longer term renters and lower turnover. Also, rental housing stock of 3BR units makes up less than 6% of the total rental housing stock in San Diego County.

240014724SD

MLS ID

June 27, 2024

Listed

August 30, 2024

Updated

Map

6752 Solita Avenue
San Diego CA, 92115

Other Property Details

Area Name

92115 - San Diego


Garage

No


Parking Total

0


View

No


County

San Diego


Pool

No

Listing Contact: 619-994-8896 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 7:02 PM UTC

 

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