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4361 Altadena Avenue

San Diego, CA 92115
  • $2,400,000
  • STATUS: Active
  • ON SITE: 431 Days
  • ID#: 230005183SD
UPDATED: 127 min ago
$2,400,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Brian Duarte of Millennial Realty Group (619-759-1182)


Description

Please to present a fully rehabbed and newly constructed multi unit in the heart of San Diego's high demand rental market of City Heights. This asset provides a new owner with a newly renovated property with more rental income upside. Five out of Eight units are month to month. Front 2 story building has been fully rehabbed inside and out. The back building contains 2 units that were recently built with city permits. 100% occupied. All new interiors including: flooring, bathrooms, cabinets, appliances, heaters, roof, counters, paint and water heaters. All new desert scape landscaping and artificial grass was designed to keep water bill low for owner. RUBs implemented! Property is situated 2 miles of NCAA Division 1 San Diego State University and less than half a mile from the College Area Business District. Tenants also have direct access to the Colina Del Sol Park which includes the Colina Park Municipal Golf Course. 5 out of 8 tenants are month to month,

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-24T22:33:14.837. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living Socal Group Corporation. Licensed in the State of California, USA.
www.betterlivingsocalhomes.com/homes/137872345
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4361 Altadena Avenue San Diego, CA 92115

  • Price: $2,400,000
  • Status: Active
  • On Site: 431 Days
  • Updated: 127 min ago
  • ID#: 230005183SD
0
Beds
0
Baths
0
½ Baths
0.13
Acres
Neighborhood:
92115 - San Diego
County:
San Diego
Area:
92115 - San Diego
Property Description
Please to present a fully rehabbed and newly constructed multi unit in the heart of San Diego's high demand rental market of City Heights. This asset provides a new owner with a newly renovated property with more rental income upside. Five out of Eight units are month to month. Front 2 story building has been fully rehabbed inside and out. The back building contains 2 units that were recently built with city permits. 100% occupied. All new interiors including: flooring, bathrooms, cabinets, appliances, heaters, roof, counters, paint and water heaters. All new desert scape landscaping and artificial grass was designed to keep water bill low for owner. RUBs implemented! Property is situated 2 miles of NCAA Division 1 San Diego State University and less than half a mile from the College Area Business District. Tenants also have direct access to the Colina Del Sol Park which includes the Colina Park Municipal Golf Course. 5 out of 8 tenants are month to month,
Exterior Features

Carport Spaces 0 Construction Materials DrywallFrameStucco Parking Total 0 Roof Composition

Interior Features

Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Cap Rate 6.53 Gross Scheduled Income 186000 Listing Agreement Exclusive Right To Sell Listing Terms CashCash to New Loan Operating Expense 26075 Property Sub Type Mixed Use



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-24T22:33:14.837. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living Socal Group Corporation. Licensed in the State of California, USA.
 
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Better Living Socal Group Corporation
250 El Camino Real #104
Tustin CA, 92780
Listing Agent(s): Brian Duarte of Millennial Realty Group (619-759-1182)