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$1,450,000
Est. payment /mo
8 Beds
4 Baths
3,983 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Encanto
MLS Listing ID 260022545
Bedrooms 8
Full Baths 4
Year Built 1956
Lot Size 3,983 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Assumable,Cal Vet,Cash,Conventional,Exchange,FHA,VA
Property Type Res Income 2-4 Units
Property Description
Turnkey 4-unit investment opportunity with all units currently occupied and professional property management already in place! Each unit offers 2 bedrooms and 1 bathroom and has been extensively remodeled within the last 3 years. Interiors feature updated kitchens with granite countertops, white shaker cabinets and stainless steel appliances, luxury vinyl flooring, and remodeled bathrooms with updated vanities and shower/tub combinations. Each unit also includes an in-unit stackable washer and dryer plus central heating & A/C. Exterior improvements include updated stairs and railings along with a newer drainage system. Adding even more value, the property offers an assumable VA loan at a 5.75% interest rate! Conveniently located near the 805 and 94 freeways, approximately 15 minutes from Downtown San Diego, Naval Base San Diego and SDSU. With 4 occupied units, extensive renovations and management already established, this is an excellent opportunity to expand your portfolio or complete a 1031 exchange. Income-producing from day one!
Location
State CA
County San Diego
Area Metro Central
Zoning R-1:SINGLE
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 581-033-16-00
Acceptable Financing Assumable, Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listing Terms Assumable, Cal Vet, Cash, Conventional, Exchange, FHA, VA
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Listed by Wally Dally, DRE#02135259 Palisade Realty Inc
Nearby School & Business
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