NOT LISTED FOR SALE
6 Beds
4 Baths
9,536 Sq Ft
-- Built

Last Sold September 15, 2021

Last sale price $3,705,000 $389 Per Sq Ft

136 Days on Market

About This Home

As of September 2021

The 18 unit apartment investment opportunity located at the corner of W 3rd Avenue and S Maple Street is extremely rare. Situated on two parcels (totaling almost 18,000sqft of lot space), the property consists of nine separate buildings with an attractive unit mix of 1-3br/1ba house, 6-1br/1ba cottages (with private yards), 5-1br/1ba apartments, 5-studio apartments and 1-2br/1ba apartment. The property also offers laundry facilities and 6 single car garages. Several unit have been modernized but there is still significant rental upside potential. There are currently no past due rents what so ever at the property, and historically, the property operates with little to no vacancies.

Last Agent to Sell the Property

Josh Browar

The Browar Group License #01824454 Listed on: 01/15/2021

Last Buyer's Agent

Josh Browar

The Browar Group License #01824454 Listed on: 01/15/2021

Property Details

Home Type

  • Multi-Family

Parking

  • 9 Car Garage

Home Design

Interior Spaces

  • 6 Bedrooms
  • 9,536 Sq Ft Home
  • 2-Story Property

Additional Homes

  • Number of ADU Units: 1

Listing and Financial Details

  • Total Actual Rent $23,200

Community Details

Overview

  • 9 Buildings
  • 18 Units

Building Details

  • 18 Leased Units
  • Operating Expense $99,778

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • Community Features: Other/Remarks
  • CapRate: 4.6
  • Co List Office Mls Id: 7927
  • Living Area: 9536.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-07-01T07:52:15Z
  • FullAddress: 303-319 S Maple Street
  • NumofLeasedApartments: 18
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6
  • Flooring: Other/Remarks

Exterior Features

  • Roof: Other/Remarks
  • Construction Type: None

Garage/Parking

  • Parking Features: Garages, Other/Remarks
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Other
  • Heating: Other/Remarks
  • Laundry Features: Owned

Multi Family

  • Number Of Buildings: 9
  • Number Of Units Total: 18
  • Annual Operating Expense: 99778.0
  • Total Actual Rent: 23200.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $3,705,000 -1.9% $389 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $3,775,000 0.0% $396 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
02/23/2021 02/23/21 Price Changed $3,775,000 -1.9% $396 / Sq Ft
01/15/2021 01/15/21 For Sale $3,850,000 -- $404 / Sq Ft
Source: San Diego MLS

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210001177

San Diego MLS