Prime North Park Office Building

Approximately 8,100 sq. ft. Well located
3930 Utah St.
San Diego. Ca. 92104
 

Price: $495,000
Loans $195,000
Equity: $300,000
LOCATION: 3930 Utah Street, North Park area of San Diego, Ca. APN 445 712 15 00. Thomas map 1269 D5. Just North of University Ave.
 

LOANS: A first TD of approximately $195,000 payable at $1,679.40/mo. or more including P&I, fixed at 9% to private investor. All due 9-10-25.

DESCRIPTION: Well designed 8,100 sq. ft. two story modern building in North Park location. Approximately 6,157 sq. ft. rentable includes 2 garages on a 6,969 sq. ft. lot. Second floor has six separate offices, plus some connecting. Each floor has two restrooms. Off street parking for 9 cars plus ample street parking. Could be start up location for owner/user with room to expand. Zoned office/professional.

MOTIVATION: Current owner looking for sale or exchange for larger, office/retail property in San Diego county area to $3 million. Can add $730k in additional office building equity, see below. Flexible, try all ideas.

CAN ADD: Very special, nearly 12,000 sq. ft. office building, with a price of $1,295,000 and approximately $730,000 equity at 2700 Adams Ave. San Diego. Seller can be creative, may lease back part of any available space for right transaction. Available to lease sell or exchange.

CONTACT:
George Jonilonis, SEC
3536 Ashford St.
San Diego, Ca. 92111
(858) 278-4040 FAX (858) 278-7571
CELLULAR (619) 246-4040
e-mail georgej@adnc.com



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