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 $107,124 and a net operating income (NOI) of $77,342. Currently operating at a strong 4.7% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available – 2037 & 2045 Garnet.
Residential Income For Sale
2041 Garnet Ave, San Diego, California 92109
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 $107,124 and a net operating income (NOI) of $77,342. Currently operating at a strong 4.7% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available – 2037 & 2045 Garnet.
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