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Address
4459 Fanuel Street San Diego, CA
Price
$ 6,995,000
Property Attributes
  • MLS#180028559
  • TypePending
  • CountySAN DIEGO
  • CitySan Diego
  • AreaCoastal South
  • NeighborhoodCoastal South
  • Zip92109
  • Style
  • Price$ 6,995,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6608
Listing Provided Courtesy Of:
Marcus & Millichap
Property Description

4459 Fanuel Street is a master leased and fully renovated 17 unit property located in the heart of Pacific Beach in San Diego. This turnkey asset is comprised of 17 beautifully renovated studio apartments. The property has a well landscaped courtyard, 9 off street parking spaces, a single car garage, and on-site laundry. Previously operated as a vacation rental apartment complex, in April of 2017 the mental health company, Solara Health, signed a master net lease for the entire complex to provide a residence and on-site care facility to their clients. Solara Health has built out their office and treatment center on Garnet Avenue located just around the corner from the subject property. In addition to having their offices just a 40 yard walk from the subject property, Solara Health has been using large amounts of capital to improve the property. Currently, Solara health is on a 3 year lease that commenced April of 2017 with two (3) year options and rent increases of 3% every year.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/29/2018 Listed $6,995,000

General Features

# Of Units (1) 17
Sale/rent For Sale
Total Units 17

Interior Features

Baths in Unit 1 1
Bedrooms in Unit 1 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92109

Price
AVG $1.13M
$7M
Visits
AVG 64
385
Walkscore
AVG 65
88

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