25
See all 25 photos
$1,425,000
Est. payment /mo
5,000 Sqft Lot
New
322 S Pardee St San Diego, CA 92113
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250031720
Lot Size 5,000 Sqft
Property Description
322 S Pardee St offers a rare opportunity to acquire a brand-new construction asset at a 5.9% day-one cap rate, delivering immediate cash flow for investors. The property consists of four (4) newly built 1-bedroom/1-bathroom units (Exempt from AB 1482) and a fully renovated detached 2-bedroom/1-bathroom front house. Each 1-bedroom unit features a 490 SF open layout and includes premium amenities such as central HVAC, in-unit washer and dryer, luxury vinyl plank flooring, stainless steel appliances, and high-end modern finishes. The detached 2-bedroom residence offers a spacious 760 SF layout, a private yard, and tandem parking. Additionally, the four newly constructed units are exempt from AB 1482 rent control for the next 15 years, enhancing income stability and rental flexibility. Centrally located in South Central San Diego, the property benefits from close proximity to major transportation routes including the I-15, I-5, and SR-94 freeways. Residents enjoy quick access to local restaurants, breweries, Costco, and neighborhood conveniences. Downtown San Diego, Petco Park, and other major attractions are just 10 minutes away, making this an ideal location for strong and stable tenant demand.
Location
State CA
County San Diego
Area Logan Heights (92113)
Exterior
Total Parking Spaces 4
Building
Story 2
Others
Space Rent $122,100
Special Listing Condition Call Agent
Listed by Dylan C. Ackley • Keller Williams Realty
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