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$3,950,000
Est. payment /mo
14 Beds
2 Baths
0.53 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260007287
Bedrooms 14
Full Baths 13
Lot Size 0.530 Acres
Property Sub-Type Com-Res Income
Property Description
275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today's tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.
Location
State CA
County San Diego
Community Other/Remarks
Area East County
Zoning R-3:RESTRI
Direction Take the Mollison Ave exit,Head south on Mollison Ave,Continue for approximately 0.5 miles,Property will be on the right-hand
Interior
Heating Wall
Cooling Wall/Window
Flooring Slab
Fireplace No
Laundry Leased
Exterior
Parking Features Carports
View Y/N No
Roof Type Composition
Building
Dwelling Type Townhouse
Story 1
Others
Senior Community No
Tax ID 488-262-03-00
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/snd/260007287
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Listed by Farid Khayamian, DRE#01835318 Bluxen, Inc.
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