Skip To Content

2401 Imperial Ave

San Diego, CA 92102
  • $1,259,302
  • STATUS: ACTIVE
  • ON SITE: 49 Days
  • ID#: 240012702
$1,259,302
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,473
    SQFT
  • $855
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Welcome to 2401 Imperial Ave, an exceptional commercial property situated in the bustling heart of San Diego, CA. Boasting a prime location with high visibility and accessibility, this property presents an outstanding opportunity for investors seeking solid returns and value enhancement. With two well-established tenants—a thriving auto body shop and a bustling tire shop—this property enjoys a steady income stream with ample room for growth. The current 5.47% cap rate underscores its attractiveness as an investment, while the pro forma projection of a 7.62% cap rate highlights its potential for enhanced profitability. Strategically positioned to capitalize on the robust demand for automotive services in the area, this property offers investors the chance to maximize value through lease increases and value-added improvements. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to enter the lucrative commercial real estate market, 2401 Imperial Ave presents an enticing opportunity for success. Don't miss your chance to own a piece of San Diego's thriving commercial landscape. Schedule a viewing today and discover the endless possibilities awaiting you at 2401 Imperial Ave. Please call for a showing and details.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.coasthomewithcheryl.net/homes/151353014
Print Image

2401 Imperial Ave San Diego, CA 92102

  • Price: $1,259,302
  • Status: ACTIVE
  • On Site: 49 Days
  • ID#: 240012702
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,473
SQFT
$855
$/SQFT
1950
Built
Neighborhood:
San Diego (92102)
County:
San Diego
Area:
San Diego (92102)
Property Description
Welcome to 2401 Imperial Ave, an exceptional commercial property situated in the bustling heart of San Diego, CA. Boasting a prime location with high visibility and accessibility, this property presents an outstanding opportunity for investors seeking solid returns and value enhancement. With two well-established tenants—a thriving auto body shop and a bustling tire shop—this property enjoys a steady income stream with ample room for growth. The current 5.47% cap rate underscores its attractiveness as an investment, while the pro forma projection of a 7.62% cap rate highlights its potential for enhanced profitability. Strategically positioned to capitalize on the robust demand for automotive services in the area, this property offers investors the chance to maximize value through lease increases and value-added improvements. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to enter the lucrative commercial real estate market, 2401 Imperial Ave presents an enticing opportunity for success. Don't miss your chance to own a piece of San Diego's thriving commercial landscape. Schedule a viewing today and discover the endless possibilities awaiting you at 2401 Imperial Ave. Please call for a showing and details.
Exterior Features

Construction ConcreteFrame Location Business Park Parking On SitePublicStreet Parking Ratio 8.1/1000 Roof Rock/Gravel

Interior Features

Common Restrooms 1 Cooling None Estimated Square Feet 1473 Floors Slab Heating Heat Pump Stories 1 Story Vacant Sq Ft 0

Property Features

Actual Cap Rate 5.47 Actual Gross Scheduled Income 84000.0 Actual Operating Expense 15120 Actual Total Pi Pay 0 Assumable Finance 0 Buildings 1 Commercial Property Type Industrial Sale Existing Financing Clear Financial Information Source Owner Lease Expires1 Month to Month Lease Expires2 Month to Month Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 7000 Monthly Rent1 3750 Monthly Rent2 3250 Motive Want Trust Sale Occupancy Percent 100 Overall Percent Vacant 0 Projected Cap Rate 7.62 Projected Gross Multiplier 10.49 Projected Gross Scheduled Inc 120000 Projected Net Income 96000 Projected Operating Expense 24000 Sale Includes LandLeases Sales Restrictions Estate Short Sale No Sq Ft Source Tax Record Tenant Pays ElectricGasInsuranceJanitorTrashWater Terms CashCash to New Loan Unit Number2 1/2 Zoning INDUSTRIAL

San Diego MLS logo Listing provided courtesy of Anthony Joplin of Investment Realty Homes & Loans: 619-922-8495. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_240012702-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_240012702-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_240012702-2.jpg
Logo
Cheryl Mahoney | Berkshire Hathaway HomeServices California
1299 Prospect St. #100
La Jolla CA, 92037