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Glen Henderson

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

$1,295,000

Est. payment - /mo

5 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision North Park

MLS Listing ID 260022532

Bedrooms 5

Full Baths 4

Year Built 1955

Property Sub-Type Res Income 2-4 Units

Type of Financing Cal Vet,Cash,Conventional,Exchange,FHA,VA

Property Type Res Income 2-4 Units

Property Description

3860–64 Wilson Ave is a well-positioned three-unit multifamily property located in San Diego's desirable 92104 submarket near North Park. Built in 1955, the property offers approximately 1,856 rentable square feet on an oversized 7,224 square foot lot and features an attractive unit mix consisting of one 1Br/1Ba, one 2Br/1Ba, and one 2Br/2Ba unit. Each unit offers in-unit washer & dryer and private yards. Offered at $1,295,000 ($431,667 per unit; $697.74 per SF), the asset provides investors with immediate in-place income, generating approximately $61,684 of NOI and a 4.76% going-in cap rate, with additional upside to approximately $65,234 of NOI and a 5.04% cap rate at estimated market rents.

Location

State CA

County San Diego

Area Metro Uptown

Interior

Cooling Wall/Window

Fireplace No

Exterior

Fence Full

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 447-461-24-00

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA

Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA

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Listed by Adrian Gonzalez-Pureco, DRE#01844618 Bridgepoint Realty Inc
Co-listed byAlexio Barbara • Bridgepoint Realty Inc

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate CA BRE #01384181

San Diego Communities

3860-64 Wilson Ave San Diego, CA 92104

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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