Incredible investment opportunity with strong cash flow in this fully rented four-unit property generating $10,000 per month in gross rental income. Each unit has been tastefully renovated inside, offering updated interiors that appeal to quality tenants—who are all current on rent. The property also includes two garage structures that are… Read More not currently utilized by tenants, presenting a clear opportunity to increase income by renting out the garages or converting them into two additional units through ADU development. This property offers a 6.86% cap rate and an 11.67 GRM, providing solid day-one returns with upside potential through additional value-add strategies. Read Less
Property listed by Compass, Said Abdallah 619-353-5799
Listing Snapshot
Days Online
4
Last Updated
Property Type
Other
Year Built
1964
MLS Number
250028709SD
30 Days Snapshot Of 92105
$645k
-4%
(avg) sold price
17
-22%
homes sold
49
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1964, Levels: Two, 2 stories, 1 building
Cooling
SeeRemarks, WallWindowUnits
Income
Net operating income: $102,000
Property
Zoning: RM-2-5
Roof
Composition
Security Features
WindowBars
Tenant Pays
Electricity, Gas, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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