2301 Brant Street, Downtown, CA 92101

$4,500,000

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List Price
$4,500,000
Status
ACTIVE
MLS#
260022362SD
Lot Size
10,113
Acres
0.23
Days on Market
2
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

New to market for the first time in over 26 years, 2301-2323 Brant Street presents a rare opportunity to acquire a well-maintained 12-unit multifamily asset in one of San Diego's most desirable urban neighborhoods, just steps from Little Italy, Downtown, and Balboa Park. Set on an oversized corner lot elevated above street level, the gated property features two buildings connected by a central landscaped courtyard, with select units enjoying city and bay views. The unit mix consists of eight (8) upgraded one-bedroom, one-bathroom units and four (4) upgraded two-bedroom, two-bathroom units, with dedicated garages for 8 of the 12 units. Every unit has received cosmetic upgrades, including newer kitchens and dual-pane windows, with dedicated laundry rooms for each building. The property has historically strong occupancy and is currently 100% leased, offering an investor immediate, stable income in an irreplaceable infill location.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Attached Structure
Detached
Number Of Units Total
12
Gross Scheduled Income
$302,580
Operating Expense
110000

Listing courtesy of Listing Agent: Brendan McKee (bmckee@mckeecompany.com) from Listing Office: McKee Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.