Sold for $2,500,000

Listed by: Willis Allen Real Estate • Yvonne Oberle • Contact: 619-316-3188

Bought with: South Coast Commercial, Inc.

$2,500,000

5502 Adelaide Ave, San Diego, CA 92115

--beds

--baths

5,772sqft

Multi Family

Built in 1989

-- sqft lot

$2,077,800 Zestimate^®

$433/sqft

$3,057 Estimated rent

Home value

$2,077,800

$1.68M - $2.60M

$3,057/mo

Zestimate^® history

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$3,057/mo

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$3,057/mo

Rent Zestimate^®

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$16,078/mo

Est. payment

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$16,078/mo

Est. payment

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What's special

The Adelaide Apartments comprise an 8-unit residential community housed in a single building, offering a total of 5,772 square feet of rentable space. Additionally, there is a separate structure containing 4 tandem garages, all situated on a 12,553 square foot lot with a total of 20 parking spaces. The unit mix includes four 2-bedroom/2-bathroom units and four 1-bedroom/1-bathroom units. The property underwent extensive remodeling in 2017, including the installation of low-flow toilets, tubs, and showerheads. The kitchens feature wood cabinets, quartz countertops, and newer appliances. Each unit is equipped with a dishwasher, microwave, in-unit washer/dryer, and vinyl plank flooring in common areas. This property was placed under contract prior to being listed on the MLS.

Facts & features

Interior

Appliances

Included: Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
Laundry: Inside

Features

Flooring: Carpet, Vinyl
Has fireplace: No
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 5,772
Total interior livable area: 5,772 sqft

Property

Parking

Total spaces: 20
Parking features: Asphalt, Garage, On Site, Off Street, Paved, Private, See Remarks
Garage spaces: 8
Uncovered spaces: 12

Features

Entry location: 1
Pool features: None

Lot

Size: 0.29 Acres
Features: 0-1 Unit/Acre

Details

Parcel number: 4720702500
Zoning: R-4 Multiple Residential
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

Updated/Remodeled
New construction: No
Year built: 1989

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs, Gutter(s)

Location

Region: San Diego

Financial & listing details

Price per square foot: $433/sqft
Date on market: 2/26/2024
Listing terms: Cash

Price history

Date	Event	Price
4/4/2024	Sold	$2,500,000$433/sqft
Source: CRMLS #NDP2401551 Report a problem
2/26/2024	Pending sale	$2,500,000$433/sqft
Source: CRMLS #NDP2401551 Report a problem
9/15/2023	Listing removed	--
Source: Zillow Rentals Report a problem
9/13/2023	Listed for rent	$2,099
Source: Zillow Rentals Report a problem