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$1,590,000
Est. payment /mo
6,168 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 250028724SD
HOA Y/N No
Year Built 1953
Lot Size 6,168 Sqft
Property Description
Investor Alert! Upgraded 4-Unit Building with 4 Garages & Laundry Room! Excellent opportunity to own a turn-key 4-unit multifamily property with strong existing cash flow and future upside potential. Each unit has been upgraded and includes stove, dishwashers, microwaves & refrigerators. The building features 4 private garages, a commercial laundry room, New 400 amp main panel with 6 meters (2 unused for future use). All electrical is new including new interior subpanels & wiring in each unit. Unit mix: 1- 3 bed/1 bath ($2285/mo), 2- 2 bed/1 bath ($1770 & $1775/mo), and 1- 1 bed/1 bath ($1795/mo). Laundry provides extra income ranging between $300-400/mo and that income is not included in the stated NOI. This property is always rented and ideally situated near schools & public transportation, making it a consistent performer in one of San Diego's most desirable rental areas. With room to increase rents, this is a perfect addition to any portfolio for long-term, stable income, or a great owner-occ with a beautiful 3 bed unit above the garages. Don't miss out on this great opportunity!
Location
State CA
County San Diego
Area 92115 - San Diego
Building/Complex Name NA
Interior
Heating Natural Gas
Cooling None, Wall/Window Unit(s)
Fireplace No
Exterior
Fence Partial
Pool None
View Y/N Yes
View None
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4713321000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Erin McLain M2 Real Estate & Consulting
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Deanna Walls
Real Estate Consultant | License ID: 01986025
Real Estate Consultant License ID: 01986025