MLS® 260001466 · For Sale

279-291 Padua Hills Place

San Diego, California, 92173

$13,200,000

279-291 Padua Hills PlaceSan Diego, California

$13,200,000

63
Bedrooms
62
Bathrooms
33,025
Sq. Ft.

About This Home

Vista Del Pacifico is a 61-unit seniors apartment complex situated on a 116,740 square foot lot in San Ysidro with 180 degree views of the Pacific Ocean, Tijuana and San Ysidro. The approximately 33,025 square feet of stucco and frame structures were built in 1978 and feature one story units. There are 40 gated parking spaces with a recently resurfaced parking lot. There are multiple storage areas, a large laundry room with 3 owned washers and 3 owned dryers as well as an onsite manager’s office and workshop. The onsite manager’s unit is a 3 Bedroom / 2 Bathroom unit with laundry hook ups and an enclosed patio. There are 6 additional buildings consisting of sixty, approximately 525 square foot 1 Bedroom / 1 Bathroom units with gas stoves and wall heaters. Half of the units have showers and half of the units have tub/shower enclosures. All roofs were replaced in 2014 along with new gutters and new drainage around the property. There are multiple cisterns on each building that collect rainwater at each structure which is used to irrigate the property. There is new fencing, landscaping, and signage. All units have their own patio areas. This is a turnkey asset for an investor. It is close to markets, trolley and bus transit, San Diego Public Library, and overlooks the San Ysidro Health Center. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

Features & Details

Interior
Bedrooms
63
Bathrooms
62
Living Area
33,025 sq ft
Exterior & Lot
Lot Size
116740 sq ft
Parking Spaces
40
Community
Area
South Bay
County
San Diego
Utilities & Terms
Conditions
N/K

Listing courtesy by Benn Vogelsang of NorthMarq Multifamily, (858) 675-7865

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