4560-64 Winona Ave, San Diego, CA 92115

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Glen Henderson

[email protected] +1(619) 889-7646

$1,395,000

Est. payment - /mo

4 Beds

3 Baths

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Talmadge (Talm)

MLS Listing ID 250024234

Bedrooms 4

Year Built 1940

Property Sub-Type Res Income 2-4 Units

Property Description

Prime value-add + development opportunity in highly desirable Talmadge. This 6,600 SF RM-1-1 zoned lot currently features three units: a front duplex with two 1bd/1ba units, plus a detached 2bd/1ba house in the rear. Seller has fully approved permits in hand to demolish the rear house and construct 9 new units, while retaining and renovating the existing duplex—bringing the total to 11 rentable units. New ownership can begin renovations and lease-up immediately. Projected pro forma cap rate of 7.5%. Located in a low-density, high-demand rental market with limited multifamily supply. Excellent access to I-8 and I-15 puts you minutes from Downtown, Mission Valley, Kensington, and the College Area. Rare opportunity to develop in one of San Diego's most stable, appreciating infill neighborhoods.

Location

State CA

County San Diego

Area Metro Uptown

Zoning RM-1-1

Interior

Cooling Other/Remarks

Fireplace No

Exterior

Fence Other/Remarks

View Y/N No

Roof Type Other/Remarks

Building

Story 1

Level or Stories 1

Others

Tax ID 465-641-07-00

Special Listing Condition Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/250024234

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Listed by Miles S Slater Nara Advisors, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

4560-64 Winona Ave San Diego, CA 92115

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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