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$ 1,399,000
Est. payment | /mo
$ 1,399,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 250028709SD
HOA Y/N No
Year Built 1964
Property Description
Incredible investment opportunity with strong cash flow in this fully rented four-unit property generating $10,000 per month in gross rental income. Each unit has been tastefully renovated inside, offering updated interiors that appeal to quality tenants—who are all current on rent. The property also includes two garage structures that are not currently utilized by tenants, presenting a clear opportunity to increase income by renting out the garages or converting them into two additional units through ADU development. This property offers a 6.86% cap rate and an 11.67 GRM, providing solid day-one returns with upside potential through additional value-add strategies.
Location
State CA
County San Diego
Area 92105 - East San Diego
Building/Complex Name Streamview
Zoning RM-2-5
Interior
Cooling See Remarks, Wall/Window Unit(s)
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4727300700
Security Features Window Bars
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Said Abdallah • Compass