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$1,950,000
Est. payment /mo
9 Beds
5 Baths
0.49 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2502748
Bedrooms 9
HOA Y/N No
Lot Size 0.490 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Prime value-add opportunity in a highly desirable location! This well-maintained 4-plex offers strong rental income with significant upside potential. All tenants are on month-to-month leases, providing flexibility for rental increases or redevelopment. Unit Mix & Proforma Rents: Unit 1: 3 Bed / 2 Bath, 1,176 SF Projected Rent: $3,200 Unit 2: 2 Bed / 1 Bath, 930 SF Projected Rent: $2,500 Unit 3: 2 Bed / 1 Bath, 875 SF Projected Rent: $2,500 Unit 4: 2 Bed / 1 Bath, 780 SF Projected Rent: $2,500 Huge Development Potential! Large 0.49-acre lot with a vacant portion in the back Ideal for adding more units. Zoning allows for up to 16 units with stunning downtown skyline views! This is a rare find with both immediate rental upside and long-term development potential.
Prime value-add opportunity in a highly desirable location! This well-maintained 4-plex offers strong rental income with significant upside potential. All tenants are on month-to-month leases, providing flexibility for rental increases or redevelopment. Unit Mix & Proforma Rents: Unit 1: 3 Bed / 2 Bath, 1,176 SF Projected Rent: $3,200 Unit 2: 2 Bed / 1 Bath, 930 SF Projected Rent: $2,500 Unit 3: 2 Bed / 1 Bath, 875 SF Projected Rent: $2,500 Unit 4: 2 Bed / 1 Bath, 780 SF Projected Rent: $2,500 Huge Development Potential! Large 0.49-acre lot with a vacant portion in the back Ideal for adding more units. Zoning allows for up to 16 units with stunning downtown skyline views! This is a rare find with both immediate rental upside and long-term development potential.
Prime value-add opportunity in a highly desirable location! This well-maintained 4-plex offers strong rental income with significant upside potential. All tenants are on month-to-month leases, providing flexibility for rental increases or redevelopment. Unit Mix & Proforma Rents: Unit 1: 3 Bed / 2 Bath, 1,176 SF Projected Rent: $3,200 Unit 2: 2 Bed / 1 Bath, 930 SF Projected Rent: $2,500 Unit 3: 2 Bed / 1 Bath, 875 SF Projected Rent: $2,500 Unit 4: 2 Bed / 1 Bath, 780 SF Projected Rent: $2,500 Huge Development Potential! Large 0.49-acre lot with a vacant portion in the back Ideal for adding more units. Zoning allows for up to 16 units with stunning downtown skyline views! This is a rare find with both immediate rental upside and long-term development potential.
Location
State CA
County San Diego
Area San Diego (92102)
Zoning Assessor
Building
Lot Description Curbs
Story 1
Lot Size Range .25 to .5 AC
Others
Acceptable Financing Cash, Conventional
Space Rent $2,600
Listing Terms Cash, Conventional
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Listed by Mirna Carson • Coldwell Banker Realty
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