Town Pines - 3013 C St

3013 C St, San Diego, CA 92102

PURCHASE PRICE - $7,600,000

PROPERTY DETAILS

Property Make Up: (22) Units

(12) - 2-BR / 1.5-BA
(10) - 1-BR / 1-BA

Building Size: 14,896 SF

Lot Size: 14,770 SF

Price Per SF: $510.20

PROPERTY HIGHLIGHTS

Majority 2-Bedroom Units
Ground Level Gated Private Garage with 33 Parking Spaces
Direct Access to Commuter Freeways - I-5 and State Route 94
Value-Add with Under-market Rents
Walking Distance to Restaurants, Coffee Shops, & Close Proximity to Downtown & Southpark

PROPERTY DESCRIPTION

CONTACT BROKER FOR OM

Whitewater Commercial Real Estate is pleased to present Town Pines, a 22-unit apartment community located in Golden Hill, San Diego at 3013 C Street. Constructed in 1985, Town Pines consists of (12) two-bedroom/ one-and-a-half-bathroom units and (10) one-bedroom/one-bathroom units. The property features secure ground-level gated garage parking, on-site laundry, and is situated within walking distance of Golden Hill’s shops, restaurants, and Balboa Park.
Value-Add Opportunity For an investor seeking a value-add opportunity with a strong position, Town Pines delivers on multiple fronts. The 1985 vintage, 33 parking spaces, diversified unit mix, and Golden Hill location are all attributes that are difficult to find in today’s market. Current in- place rents trail renovated comparables in the submarket, representing a direct opportunity to increase revenue through a targeted interior upgrade plan.
Location Golden Hill sits east of Downtown San Diego with direct access to Balboa Park, Interstate 5, and State Route 94. The neighborhood offers a walkable mix of locally owned restaurants, cafes, and is experiencing an active wave of new development — a signal of sustained renter and investor demand. Residents are minutes from Downtown San Diego’s employment hub and the lifestyle destinations of North Park and Hillcrest.