Property listed by The Agency, Monique LeBlanc 858-667-5400
$2,395,000
This is a 4-unit property with 4 garages in PB and only 3.5 blocks to the ocean. All units consist of 2 bedroom, 1 bath, 825 sqft with private patios. All are residential units totaling 3,300 sqft on a 6,245 sqft lot. Seller is selling property nextdoor with same configuration… Read More (MLS 260013552). Current rents are extremely low. CAP can be 4.5% at $3,500 a month rent w/ no updating. Also, may be potential for garage-to-ADU conversions. This provides a rare opportunity to own multifamily real estate just steps from the funnest beach in San Diego, Pacific Beach. The front unit is currently an STVR (unit pictured) and the 3 others are long term tenants. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS Read Less
Listing Snapshot
Days Online
2
Last Updated
Lot Size
0.14 Acres
Year Built
1960
MLS Number
260013547SD
Additional Details
Building
Built in 1960, 1 building, 2 stories, Levels: Two
Community
Park Name: Grand East
Cooling
WallWindowUnits
Disclosures
Incorporated
Fence
Partial
Heating
NaturalGas, SeeRemarks
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $126,240, Net Operating Income: $82,056
Lot
0.1434 acres
Pool
None
Roof
Composition
Taxes
Parcel Number: 4231540700, Zoning: RM 2-5
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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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