For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,755,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 240013638SD
Sold Date 07/23/24
HOA Y/N No
Year Built 2022
Lot Size 9,600 Sqft
Property Description
Prime Value-Add opportunity walking distance from SDSU! This property, ideally located for off-campus student housing, ensures strong rental demand and high rental income. The first unit offers 4 bedrooms and 2 bathrooms, generating $4,700 monthly, while the second unit boasts 6 bedrooms and 3 bathrooms, bringing in $6,900 monthly. With its unbeatable location and consistent rental demand, this property promises a steady and lucrative income stream. Current monthly income is $11,600, but with landscaping and some minor cosmetic touches you can achieve $13k+ a month.
Location
State CA
County San Diego
Area 92115 - San Diego
Building/Complex Name College Area
Zoning RS-1-7
Interior
Cooling None, See Remarks, Wall/Window Unit(s)
Fireplace No
Exterior
Fence None
View Y/N No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4635601400
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Austin Ball • Austin Ball, Broker