$1,299,000
1626 Una Street San Diego, CA 92113
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$1,299,000
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1626 Una Street San Diego, CA 92113
UPDATED:
10/17/2024 06:18 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 240024687SD
HOA Y/N No
Year Built 1960
Property Description
Unlock a lucrative investment with this exceptional four-unit multi-family property, strategically located in a working-class neighborhood with endless demand. This well-maintained building features all two-bedroom, one-bath apartments, making it an attractive choice for a diverse range of tenants. The property is strategically located near all major freeways and is just minutes from downtown San Diego, ensuring high demand for rental units. Tenants are responsible for ALL utilities, reducing operational costs and increasing net income. The property also features 6 off street parking spaces and laundry facilities. Current ownership has recently made significant plumbing upgrades, painted the exterior and installed a new gutter system. The property generates a 5.5% cap rate at the asking price with potential to push rents even further, maximizing your investment return. Recent renovations have minimized upkeep, allowing for a hassle-free ownership experience. This is a fantastic opportunity for both seasoned investors and those looking to enter the multi-family market. Don?t miss your chance to capitalize on this profitable venture!
Location
State CA
County San Diego
Area 92113 - Logan Heights
Interior
Cooling None
Fireplace No
Exterior
View Y/N No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5506001500
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Josh Browar • The Browar Group
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