Property Details
About this Property
Welcome to this refurbished three unit investment property near down town San Diego. All three units have new wood laminate flooring, new appliances, new granite counters, and paint. Unit mix consists of a top unit that is a 3 bedroom, 1 bathroom (est 995 sqft). There is a 1 bedroom, 1 bathroom (est 460 sqft) and a 2 bedroom, 1 bathroom (est 651 sqft) on the first floor. All units are separately metered. Current rents are well below market rates.The property offers excellent potential for long-term growth, with the opportunity to increase value by adjusting rents to market rates. The pro forma cap rate with these adjustments is estimated to be in the 7-8% range, making this an attractive investment opportunity.
MLS Listing Information
MLS #
CRSW24166114
MLS Source
California Regional MLS
Days on Site
103
Interior Features
Appliances
Garbage Disposal, Oven Range - Gas
Flooring
Laminate
Cooling
None
Heating
Electric
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3895 Ocean View Bld is a Triplex in San Diego, CA 92113. This – square foot property sits on a 3,751 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $999,000 and was built in 1913. This address can also be written as 3895 Ocean View Bld, San Diego, CA 92113.
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This listing information is up-to-date as of September 30, 2024. For the most current information, please contact Donny Hall
