EXCELLENT 4 UNIT CASH FLOW MULTI UNIT OPPORTUNITY Strong cash flow. Strong cap rate. Don't miss a special opportunity to own a strong cash flow investment multi unit just south of Metro San Diego. The large 5,247 square foot lot provides plenty of room for 3 buildings that house 4 units. The unit make up is comprised of 2 2 bedroom/2 bathroom homes at 615 and 590 square feet each. Each unit has a good sized full kitchen and bathroom as well as full closets and storage. Additionally, there are 2 1 bedroom 1 bathroom units at 495 square feet each with full kitchens and bathrooms, good sized closets and extra storage. The units and buildings are very well built and maintained and each are metered separately. The property features on site laundry and security gates. The lot is flat and easily maintained with a perfect mix of hardscaped courtyards and beautiful drought tolerant mature trees and flowering bushes. Each unit is tenant occupied and the property has a vacancy rate of zero and attracts long term tenants. The property has a strong cash flow, room for upside, and runs with extremely low operating costs. Call agent for full Offering Memorandum, current rent roll, pro forma rent roll, and cap rate possibilities. This property is situated within a Federal Opportunit
MLS #
CRNDP2408975
MLS Source
California Regional MLS
Days on Site
91
Appliances
Dryer, Washer
Pool
None
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 495 | – | 0/0 | – |
2 | 615 | – | 0/0 | – |
225 231 35th Street is a Residential Income in San Diego, CA 92102. This – square foot property sits on a 5,247 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,580,000 and was built in 1949.
This address can also be written as 225 231 35th Street, San Diego, CA 92102.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 07, 2024. For the most current information, please contact Tanya Parks, (619) 550-8887