4173-75 Altadena Ave

San Diego, CA 92105 Pending


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Glen Henderson

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Key Details

Property Type: Com-Res Income

Lot Size: 6,247 Sqft

Purchase Type: For Sale

Listing Status: Pending

MLS Listing ID: 180034138

Property Description

This fixer/value-add opportunity consists of a front 2bed+2bath house with gated front yard and up to 4 spaces of tandem driveway parking. The rear building consists of (4) 2bed+1bath units and includes (5) off-street parking spaces behind the building accessible from the rear alley. The buildings have a combined estimated total of 4,310 rentable SF (862 SF/unit) and are situated on a parcel totaling approximately 6,247 SF of land zoned R3. Current rents are substantially below market (there is roughly 59% upside in the rents). Owned and operated by current ownership for several decades, the subject property presents an opportunity for astute investors to add to their portfolio in an improving sub-market, fix up the units, and increase income for future cash flow. The property is located in a quiet residential area, within walking distance to Fay Elementary school (built 2006) and Colina del Sol Park and golf course, and is just a few blocks south of the retail and dining corridor located on El Cajon Blvd.


State: CA

County: San Diego


Heating: Wall

Cooling: Wall/Window

Air Conditioning: Wall/Window


Garage: Spaces

Garage Spaces: 7

Exterior Feature: Part Fenced,Security Bars


Story: 2 Story


Elementary Schools: Fay Elementary School

Middle Schools: Mann Middle School

High Schools: Crawford High School

School District: San Diego City Unified School District

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Glen HendersonBig Block Realty, Inc

Glen Henderson

Broker Associate CA BRE #01384181

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