Residential Income For Sale – – – – Price $999,000 – SW24166114
Property Description

Welcome to this refurbished three unit investment property near down town San Diego. All three units have new wood laminate flooring, new appliances, new granite counters, and paint. Unit mix consists of a top unit that is a 3 bedroom, 1 bathroom (est 995 sqft). There is a 1 bedroom, 1 bathroom (est 460 sqft) and a 2 bedroom, 1 bathroom (est 651 sqft) on the first floor. All units are separately metered. Current rents are well below market rates.The property offers excellent potential for long-term growth, with the opportunity to increase value by adjusting rents to market rates. The pro forma cap rate with these adjustments is estimated to be in the 7-8% range, making this an attractive investment opportunity.

Features
: 2 story
Address Map
California
San Diego
San Diego
92113
Ocean View Boulevard
3895
W118° 53' 22''
N32° 42' 4.1''
Neighborhood
Neighborhood
Additional Information
51
Assessor
Donny
Hall
Hallway Realty
$0
$0
$0
$3
$0
$0
$39
1-3,999 sf
Chula Vista
Downtown
Fallbrook union elementary distr
Fallbrook union elementary distr
Fallbrook union high school dist
2

Residential Income For Sale

3895 Ocean View Boulevard, San Diego, California 92113

3,751 Sqft
$999,000
Listing ID #SW24166114
Basic Details
Property Description :

Welcome to this refurbished three unit investment property near down town San Diego. All three units have new wood laminate flooring, new appliances, new granite counters, and paint. Unit mix consists of a top unit that is a 3 bedroom, 1 bathroom (est 995 sqft). There is a 1 bedroom, 1 bathroom (est 460 sqft) and a 2 bedroom, 1 bathroom (est 651 sqft) on the first floor. All units are separately metered. Current rents are well below market rates.The property offers excellent potential for long-term growth, with the opportunity to increase value by adjusting rents to market rates. The pro forma cap rate with these adjustments is estimated to be in the 7-8% range, making this an attractive investment opportunity.

Status : Active
Property Type : Residential Income
Listing Type : For Sale
Listing ID : SW24166114
Price : $999,000
Lot Sq Ft : 3,751 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 3
Unit 2 # Bedrooms : 2
Unit 3 # Bedrooms : 1
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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