See all 29 photos
29 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,590,000
Est. payment /mo
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 250028724
Bedrooms 8
Year Built 1953
Property Sub-Type Res Income 2-4 Units
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
Community Laundry Facilities
Area Metro Uptown
Interior
Heating Wall/Gravity
Cooling Wall/Window, N/K
Fireplace No
Exterior
Fence Partial, Other/Remarks
Utilities Available Sewer Connected
View Y/N Yes
Water Access Desc Meter on Property
Roof Type Composition
Building
Story 2
Water Meter on Property
Level or Stories 2
Others
Tax ID 471-332-10-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/250028724
Read Less Info
Listed by Erin McLain M2 Real Estate & Consulting