Year Acquired: 2021
Purchase Price: $1,210,000
SoMo Mixed (4456 30th Street) is a four-unit property located in the heart of one of the most dynamic rental markets in San Diego. Originally acquired as part of a small portfolio of four parcels with twenty-five units, the property will undergo a dramatic change where the single-family house will be converted to a commercial retail use while twelve new construction residential units are planned on the rear of the parcel. Upon completion, the property will share a courtyard with the adjacent property to create a unique non-institutional rental experience.