$1,580,000
For Sale

225 35th Street

San Diego, CA 92102
0.12 acres | #NDP2408975
Listing OfficeCompass
Browse 17 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

EXCELLENT 4 UNIT CASH FLOW MULTI UNIT OPPORTUNITY Strong cash flow. Strong cap rate. Don't miss a special opportunity to own a strong cash flow investment multi unit just south of Metro San Diego. The large 5,247 square foot lot provides plenty of room for 3 buildings that house 4 units. The unit make up is comprised of 2 2 bedroom/2 bathroom homes at 615 and 590 square feet each. Each unit has a good sized full kitchen and bathroom as well as full closets and storage. Additionally, there are 2 1 bedroom 1 bathroom units at 495 square feet each with full kitchens and bathrooms, good sized closets and extra storage. The units and buildings are very well built and maintained and each are metered separately. The property features on site laundry and security gates. The lot is flat and easily maintained with a perfect mix of hardscaped courtyards and beautiful drought tolerant mature trees and flowering bushes. Each unit is tenant occupied and the property has a vacancy rate of zero and attracts long term tenants. The property has a strong cash flow, room for upside, and runs with extremely low operating costs. Call agent for full Offering Memorandum, current rent roll, pro forma rent roll, and cap rate possibilities. This property is situated within a Federal Opportunity Zone which will provide its owner with a myriad of tax benefits and economic incentives. This is a perfect multi unit opportunity for both new and seasoned investors alike. Own a special piece of San Diego and let this property bring you great returns.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, BackYard, FrontYard, Landscaped, Level, NearPark, StreetLevel, Yard
      • Stories1
    • Measurements
      • Acres0.1205
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1949
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
  • Community and Neighborhood Details
      • CountySan Diego
  • Financial Details
      • Original List Price$1,580,000
  • Other
      • MLS #NDP2408975

Location

Marjorie CrowReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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