Residential Income For Sale – – – – Price $1,700,000 – 240014968
Property Description

This unique 4 unit property encompasses a great mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from restaurants, coffee shops, Trader Joe’s, and the bay. Quick freeway access, also enhances its appeal to potential renters. Gross income of $113,628 and a net operating income (NOI) of $83,774. Currently operating at a strong 5.1% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available – 2041 & 2045 Garnet.

Features
: 1 story
Address Map
US
California
San Diego
San Diego
92109
Garnet Ave
2037
W118° 46' 2.8''
N32° 48' 4.9''
Neighborhood
Neighborhood
Additional Information
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Monroe
Herington
eXp Realty of California, Inc.
$0
$0
$0
$0
$0
$0
$0
1-3,999 sf
Pacific Beach
Pacific beach
Fallbrook union elementary distr
: N/k
Fallbrook union elementary distr
Fallbrook union high school dist
1

Residential Income For Sale

2037 Garnet Ave, San Diego, California 92109

3,310 Sqft
$1,700,000
Listing ID #240014968
Basic Details
Property Description :

This unique 4 unit property encompasses a great mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from restaurants, coffee shops, Trader Joe’s, and the bay. Quick freeway access, also enhances its appeal to potential renters. Gross income of $113,628 and a net operating income (NOI) of $83,774. Currently operating at a strong 5.1% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available – 2041 & 2045 Garnet.

Status : Active
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240014968
Price : $1,700,000
Year Built : 1980
Lot Sq Ft : 3,310 Sqft
Style : Res income 2-4 units
Unit 2 # Bedrooms : 2
Unit 3 # Bedrooms : 1
Unit 4 # Bedrooms : 2
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Unit 4 # Total Baths : 1
Unit 1 # of Full Baths : 1
Unit 2 # of Full Baths : 1
Unit 3 # of Full Baths : 1
Unit 4 # of Full Baths : 1
Unit 1 Estimated SqFt : 400 Sqft
Unit 2 Estimated SqFt : 750 Sqft
Unit 3 Estimated SqFt : 580 Sqft
Unit 4 Estimated SqFt : 750 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
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