329-43 32nd St San Diego, CA 92102
UPDATED:
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600000
/mo

6 Beds

4 Baths

622 SqFt

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Key Details

Property Type: Multi-Family

Lot Size: 7,068 Sqft

Year Built: 1945

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: 190019241

Price per Sqft: $964

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

Property Description

Bread and butter 4-plex in PRIME OPPORTUNITY ZONE with great cash flow and rental upside. These units are an excellent investment- duplex consists of 2- 1BD/1BA units and 2 detached 2BD/ 1BA homes all with below market rents. Large 7068 SF full size lot zoned RM-2-5 with alley access and concrete driveway supporting plenty of off-street parking for units. Supports a projected CAP rate of 7% and 10 GRM. Great for an owner occupant as well. Easy freeway access close to downtown and Balboa Park. See suppl.
This property is located in a Designated Opportunity Zone area as certified by the US Department of Treasury per the California Opportunity Zone map. The Tax Cuts and Jobs Act of 2017 which established Opportunity Zones as a mechanism to provide tax incentives for investment in designated census tracts. Investments made by individuals through special funds in these zones would be allowed to defer or eliminate federal taxes on capital gains.

Location

State: CA

County: San Diego

Community: San Diego

Area: San Diego (92102)

Building/Comlex Name: x

Rooms

Full Baths: 4

Interior

Sewage Type: Sewer Connected

Water: Meter on Property

Heating: Natural Gas

Exterior

Exterior Feature: Stucco

Garage: Unit1:N/K Unit2:N/K Unit3:N/K Unit4:N/K

Fence: Partial

Roof Type: Composition

Building

Story: 1 Story

Others

Senior Community: no

Pets Allowed: Allowed w/Restrictions

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Listing Provided By Darin Triolo (CA BRE #01376927) of Keller Williams Carmel Valley

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    Glen Henderson Big Block Realty, Inc
    Glen Henderson

    Broker Associate CA BRE # 01384181

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