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201-207 & 314 Willie James Jones Avenue
San Diego, California 92102 United States

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Details for 201-207 & 314 Willie James Jones Avenue

 
Price:
$8,900,000 
Price / Sq. Ft.:
$127
Bedrooms:
2
Full Baths:
1
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Interior:
70,131 Sq Ft.
Exterior:
1.5 through 2.5 Acres
Property Type:
Commercial
Web Id:
150051739
MLS ID:
150051739
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School District:
SAN DIEGO UNIFIED
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About 201-207 & 314 Willie James Jones Avenue

We are proud to present Villa Hermosa I and II in South San Diego; 2 properties consisting of 58 apartment homes located on the same block and built respectively in 1986 & 1988. Current ownership has maintained nearly 100% occupancy through years of self-management. All units are 2Bed/1Bath floor-plans; 27 of which measure 610 sq. ft. each at 201-207 Willie James Jones Avenue and 31 of which measure 700 sq. ft. each at 314 Willie James Jones Avenue. The properties are located a little over 1 football field away from each other; efficient for management and logistics. Current ownership has raised select units at 201-207 WJJ up to $1275 whereas the average rent for this 27 unit property is only $1076. The same type of rental upside exists at 314 WJJ where the top end rent is $1300; the average for this property of which is only $1067. There are several long term tenants that reside between the 2 properties. There are 28 garages and 2 separate laundry rooms between the 2 properties as other income.

Listing Courtesy of Acre Investment Real Estate

PROPERTY INFORMATION

Amenities: 
BBQ
Heating: 
Wall
Parking Description: 
Garages, Spaces

EXTERIOR

Construction: 
Stucco
Exterior Features: 
Part Fenced, Part Landscaped
Roofing: 
Composition

Additional Information

Number of Units: 
58
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Phone: ­619-269-2266
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