San Diego, CA 92114,719 N 63rd St
San Diego, CA 92114,719 N 63rd St
San Diego, CA 92114,719 N 63rd St
$2,525,000
Est. payment /mo
$2,550,000
1.0%
Est.Price: ?

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SOLD DATE : 06/17/2025

Key Details

Sold Price $2,525,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 250021343SD

Sold Date 06/17/25

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

We are pleased to present this 6 on 1 in Encanto.  The property offers 5 single story 3Br/1Ba houses and a 2-story 3Br/2Ba front house with its own private backyard and driveway.  The 5 single story houses are fully renovated with all new but not limited to roofs, stainless steel appliances, dual pane windows, plumbing, electrical, mini splits, ceiling fans in each bedroom and in-unit W&D.  The 3Br/2Ba is separately metered for water and gas&electric which tenant pays all utilities for that unit. The owner has plans submitted to the city to demo the 2-story front house and build 4 new 2Br/2Ba units (2,900 SF) with parking.  The property currently generates $210,000 gross income yearly bringing in a 5.64% CAP rate on ACTUALS!  Call today to get more information on this amazing investment that offers great cash flow and upside to build more units! Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***

Location

State CA

County San Diego

Area 92114 - Encanto

Interior

Fireplace No

Others

Tax ID 5490720400

Financing Cash

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California Regional MLS (CRMLS)
Listed by Adrian Gonzalez-Pureco • South Coast Commercial, Inc.
Bought with Melvina Selfani • Century 21 Affiliated

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agent

HomeSmart Realty West

+1(760) 607-5900

Broker | License ID: DRE#1905908

Broker License ID: DRE#1905908

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