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Key Details
Sold Price $748,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 210030354
Sold Date 12/13/21
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1953
Lot Size 5,200 Sqft
Property Description
3 units with great cash flow and close to double Cap Rate of what many SD properties are currently purchased! Definitely great for an investor looking for a higher cap rate with stable tenants in San Diego County. It has been owner managed. Tenants have not missed payments and would like to stay.
Laundry hook ups are available for two of the units. Tenants own their washer and dryer for those units.
Location
State CA
County San Diego
Community Logan Heights
Area Logan Heights (92113)
Zoning R-4:MULTIP
Interior
Heating Electric
Appliance Other/Remarks
Exterior
Exterior Feature Stucco
Garage Unit1:Gated Unit2:N/K Unit3:N/K Unit4:N/K
Fence Full, Gate
Roof Type Composition
Building
Lot Description Public Street, Sidewalks, Street Paved
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,500
Listing Terms Cash, Conventional, Exchange
Financing Conventional
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Bought with Roxanne Govari • Pemberley Realty Inc.
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