Active

6752-6770 Solita Avenue

San Diego CA, 92115

$6,040,000


$610.10 per sqft

Active

3 Beds

9,900 sqft

Commercial

6752-6770 Solita Ave is an extremely unique multi-family offering in the City of San Diego in the highly desirable and upscale enclave of Rolando Village, surrounded by a residential community of upscale Homes. Just a little over a mile from San Diego State University (SDSU), a bustling University with more than 37,000 students. The property consists of 10 Single Family Detached 3BR/2BA homes with attached garages and yards. Originally built in 1984, the property has been extensively renovated to a high level to attract elite tenants. More than $800,000 was spent to reposition the property with recent comprehensive renovations including (but not limited to) new upscale kitchens and baths, new flooring and paint throughout, all new A/C mini-splits, new fixtures, new in-unit washer/dryers, new individual hot water heaters, new roofs throughout, windows, new low maintenance and drought tolerant landscaping, and much more. The median 3 bedroom home sales price within 1/2 mile of the property is $915,000, more than 50% higher than the individual unit list price of this unique offering. Rents of detached 3BR homes (like this offering) are priced significantly below that of the total monthly expense of a mortgage, property taxes and insurance of purchasing a similar home, typically ensuring owners with more stable longer term renters and lower turnover. Also, rental housing stock of 3BR units makes up less than 6% of the total rental housing stock in San Diego County.

240014724

MLS ID

June 27, 2024

Listed

July 13, 2024

Updated

Map

6752-6770 Solita Avenue
San Diego CA, 92115

Interior Features

Total Stories

1


Bedrooms

3


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Area Name

Metro Uptown


Days on Market

47


Garage

Yes


Parking

Garage


View

No


County

San Diego


Pool

No

Listed by David Santistevan, Corey McHenry,
Listing Contact: 619-565-0179 

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Data last updated 7:18 PM UTC, 7/13/2024

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