Residential Income For Sale – – – – Price $1,299,000 – 240024687
Property Description

Unlock a lucrative investment with this exceptional four-unit multi-family property, strategically located in a working-class neighborhood with endless demand. This well-maintained building features all two-bedroom, one-bath apartments, making it an attractive choice for a diverse range of tenants. The property is strategically located near all major freeways and is just minutes from downtown San Diego, ensuring high demand for rental units. Tenants are responsible for ALL utilities, reducing operational costs and increasing net income. The property also features 6 off street parking spaces and laundry facilities. Current ownership has recently made significant plumbing upgrades, painted the exterior and installed a new gutter system. The property generates a 5.5% cap rate at the asking price with potential to push rents even further, maximizing your investment return. Recent renovations have minimized upkeep, allowing for a hassle-free ownership experience. This is a fantastic opportunity for both seasoned investors and those looking to enter the multi-family market. Don’t miss your chance to capitalize on this profitable venture!

Features
: 2 story
Address Map
US
California
San Diego
San Diego
92113
Una Street
1626
W118° 53' 8.4''
N32° 41' 23.1''
Neighborhood
Neighborhood
Additional Information
4
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Josh
Browar
The Browar Group
$0
$0
$0
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4,000-7,499 sf
South Crest
San diego
Fallbrook union elementary distr
: N/k
Fallbrook union elementary distr
Fallbrook union high school dist
2

Residential Income For Sale

1626 Una Street, San Diego, California 92113

$1,299,000
Listing ID #240024687
Basic Details
Property Description :

Unlock a lucrative investment with this exceptional four-unit multi-family property, strategically located in a working-class neighborhood with endless demand. This well-maintained building features all two-bedroom, one-bath apartments, making it an attractive choice for a diverse range of tenants. The property is strategically located near all major freeways and is just minutes from downtown San Diego, ensuring high demand for rental units. Tenants are responsible for ALL utilities, reducing operational costs and increasing net income. The property also features 6 off street parking spaces and laundry facilities. Current ownership has recently made significant plumbing upgrades, painted the exterior and installed a new gutter system. The property generates a 5.5% cap rate at the asking price with potential to push rents even further, maximizing your investment return. Recent renovations have minimized upkeep, allowing for a hassle-free ownership experience. This is a fantastic opportunity for both seasoned investors and those looking to enter the multi-family market. Don’t miss your chance to capitalize on this profitable venture!

Status : Pending
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240024687
Price : $1,299,000
Year Built : 1960
Style : Res income 2-4 units
Unit 1 # Bedrooms : 2
Unit 2 # Bedrooms : 2
Unit 3 # Bedrooms : 2
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 : 700 Sqft
Unit 2 Estimated SqFt : 700 Sqft
Unit 3 Estimated SqFt : 700 Sqft
Unit 4 Estimated SqFt : 700 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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