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Key Details
Sold Price $1,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250020376
Sold Date 04/18/25
Property Description
5 CASH FLOWING UNITS IN SAN DIEGO! 5.83% and 11.74 GRM on CURRENT INCOME. Potential Creative Financing (inquire w/ listing agent). Excellent low maintenance property in a strong rental market! Front 2br/1bt cottage lives like a SFR w/ no shared walls, laundry, and outdoor space. Back building has 4 1bd/1bt units and front detached cottage 2bd/1bt. Roof has recently been replaced and all units have A/C and tankless water heaters. The property has recently upgraded units, low expenses due to updated systems (back roof, tankless water heaters), low maintenance landscaping, and detached 2br cottage provides an excellent opportunity for a buyer to live in front and rent out back or have solid rental property with sound fundamentals.
Location
State CA
County San Diego
Area Logan Heights (92113)
Building
Story 2
Others
Space Rent $126,900
Financing Cash to New Loan
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Bought with Ruben Aceves • CA-RES
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908