Pending
1858 Newton Avenue
San Diego CA, 92113
$5,750,000
$242.31 per sqft
Pending
23,730 sqft
Commercial
Listed by Jacob Plewa with REMAX COMMERCIAL & INVESTMENT REALTY 310-922-6124
One of the most unique properties in all of San Diego's famous Barrio Logan sector. This prime location property is situated blocks from Barrio Logan light rail station, NASCO shipyards, the US Navy, Local purveyors, and more. Located in the Historic Barrio Logan area lends you access to the Int 5 North and South, Int 1`5 North, Mexico, International Border, and Int 8 East. The average market rent for similar properties in the area at $1.26 /SF has a projected NOI of $358,797 equaling a 6.23% Cap Rate. Additionally the property is located in the government propcurement zone, as well it is in the Opportunity Zone allowing a savvy investor with the opportunity to potentially avoid capital gains tax.
24418749
MLSⓇ ID
July 23, 2024
Listed
December 5, 2024
Updated
Map
1858 Newton Avenue
San Diego CA, 92113
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.64 Acres
Other Property Details
Area Name
92113 - Logan Heights
Days on Market
40
Garage
No
Parking Total
35
View
No
County
San Diego
Pool
No
Zoning
BLPD-REDEV
Listing History
Date | Event | Price |
|---|---|---|
9/16/2024 | Pending | — |
Listing Contact: 310-802-2500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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.
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Data last updated on 12/5/2024 at 6:21 AM UTC