855.375.4001
Listing Courtesy of: Tanya Parks - Compass
$1,580,000 affordable loan icon Calculate Payment

225 35th Street San Diego, CA 92102

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Other Residence
6 Beds
Baths
... Bed/Bath
Sq. Ft.

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Last updated on 12/13/2024 9:36 AM
EXCELLENT 4 UNIT CASH FLOW MULTI UNIT OPPORTUNITY Strong cash flow. Strong cap rate. Don't miss a special opportunity to own a strong cash flow investment multi unit just south of Metro San Diego. The large 5,247 square foot lot provides plenty of room for 3 buildings that house 4 units. The unit ma...ke up is comprised of 2 2 bedroom/2 bathroom homes at 615 and 590 square feet each. Each unit has a good sized full kitchen and bathroom as well as full closets and storage. Additionally, there are 2 1 bedroom 1 bathroom units at 495 square feet each with full kitchens and bathrooms, good sized closets and extra storage. The units and buildings are very well built and maintained and each are metered separately. The property features on site laundry and security gates. The lot is flat and easily maintained with a perfect mix of hardscaped courtyards and beautiful drought tolerant mature trees and flowering bushes. Each unit is tenant occupied and the property has a vacancy rate of zero and attracts long term tenants. The property has a strong cash flow, room for upside, and runs with extremely low operating costs. Call agent for full Offering Memorandum, current rent roll, pro forma rent roll, and cap rate possibilities. This property is situated within a Federal Opportunity Zone which Continue reading
MLS#
CRNDP2408975
Property Type
Other
Bedrooms
6
Year Built
1949
Lot Size
0.12

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Listing Courtesy of: Tanya Parks - Compass

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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This content last refreshed on 12/13/2024 9:36 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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