offered at $5,765,000
Status: Pending // Property Type:
County: San Diego

Property Description

Hilltop Apartments is an excellent value add opportunity in the up and coming neighborhood of Lemon Grove. The property features 6 stand alone buildings, each containing 4 units, nestled among mature trees and parklike landscaping with walkways throughout. Units are rented under market value due the the condition of the exterior of the building, but with some cosmetic upgrades there is a clear cut opportunity to significantly raise rents and maximize this property’s earning potential. Hilltop Apartments consists of 24 townhome style apartments with a good unit mix of 2 and 3 bedrooms. The floorplans are functional and inviting with all of the common living space downstairs including a dedicated half bathroom and all of the bedrooms upstairs. Each unit is individually metered for electrical. Property features onsite income producing laundry room, maintenance storage area, and large common picnic area. Exterior: ,,

Listing Courtesy of Daniel Recob, SBMI Group

Exterior Features

Roof: Composition
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

Use of this site means you agree to the Terms of Use

Based on information from California Regional Multiple Listing Service, Inc. as of December 21, 2018. 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.