4909 Orchard Ave, San Diego, CA 92107

Building is undergoing extensive repairs and upgrades.  Just had a $75,000 assessment and expects as much as $168,000 more beginning February 1, 2025. Payable over 14 months.   Cash buyers only unless buyer has special arrangement with lender.  Unit has a reverse mortgage balance of approximately $1,000,000 and need a short sale to close. Note:   $104,220+/- for unpaid assessments. Building has been "red flagged" by the City of San Diego.