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In-PersonVirtual Tour
$ 1,725,000
Est. payment | /mo
$ 1,725,000
Est. payment | /mo
Open House
Sat Sep 19, 10:00am - 12:00pm
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Talmadge
MLS Listing ID 260022766SD
HOA Y/N No
Year Built 1944
Property Description
Rare 4-unit multifamily in San Diego, priced to move for investors and owner-occupant buyers alike. Each unit offers a 2 bed/1 bath layout at approx. 810 SF (2 units up, 2 down). Two units have in-unit laundry; the other two share a common on-site laundry room. The detached alley building holds 4 single-car garages (currently one is used as a laundry room), all with strong ADU conversion potential, plus room to build above the garages for even more upside. At market rents this property pencils at a 5% cap rate and 14.4 GRM. Ideal for an investor looking to add ADUs and maximize unit count, or an owner-occupant who can live in one unit while the other 3 units cover the majority of the mortgage. Built-in upside, prime San Diego location, and multiple paths to add value, don't miss this one.
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Cooling None
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4720121900
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Listed by Twana Rasoul Compass #02026495
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