4209-15 49th St. new

San Diego,CA 92115

$ 1590000

8 Beds

4 Baths

550 SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 550 sqft

Price per Sqft $2,890

Subdivision San Diego

MLS Listing ID 250028724

Bedrooms 8

Full Baths 4

Year Built 1953

Lot Size 6,169 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Investor Alert! Upgraded 4-Unit Building with 4 Garages & Laundry Room! Excellent opportunity to own a turn-key 4-unit multifamily property with strong existing cash flow and future upside potential. Each unit has been upgraded and includes stove, dishwashers, microwaves & refrigerators. The building features 4 private garages, a commercial laundry room, New 400 amp main panel with 6 meters (2 unused for future use).   All electrical is new including new interior subpanels & wiring in each unit. Unit mix: 1- 3 bed/1 bath ($2285/mo), 2- 2 bed/1 bath ($1770 & $1775/mo), and 1- 1 bed/1 bath ($1795/mo). Laundry provides extra income ranging between $300-400/mo and that income is not included in the stated NOI. This property is always rented and ideally situated near schools & public transportation, making it a consistent performer in one of San Diego's most desirable rental areas. With room to increase rents, this is a perfect addition to any portfolio for long-term, stable income, or a great owner-occ with a beautiful 3 bed unit above the garages. Don't miss out on this great opportunity!

Location

State CA

County San Diego

Community San Diego

Area San Diego (92115)

Building/Complex Name NA

Interior

Heating Natural Gas

Cooling Wall/Window,N/K

Exterior

Exterior Feature Block,Stucco,Wood,Other/Remarks

Parking Features Unit1:Attached Unit2:Attached Unit3:Attached Unit4:Attached

Garage Spaces 4.0

Fence Partial,Other/Remarks

Community Features Laundry Facilities

Complex Features Laundry Facilities

Roof Type Composition

Building

Lot Description Public Street

Story 2

Sewer Sewer Connected

Water Meter on Property

Others

Acceptable Financing Cash,Conventional

Space Rent $1,795

Listing Terms Cash,Conventional

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