4321-29 Euclid Ave is a 5 unit apartment building that was fully remodeled in 2016 when the current owner purchased the property. The plumbing, electrical, exterior paint, and interior units were all upgraded. The property has a favorable unit mix of 4 x 2 bed/1 bath units and 1 x 3 bed/2 bath unit. The property also has five garages that are currently being used by the owner and not the tenants so there is value add potential to add ADU's to the property. A buyer can purchase this property at a 5.4% Cap rate going in and has upside up to a 6.6% Cap.
MLS# | 210006252 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 31 |
Units | 5 |
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Water Front | No |
Area Information | |
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State | CA |
County | San Diego |
City | San Diego |
Zip Code | 92115 |
Listing VS Median (in 92115) | |
Price: $1,250,000 low | high Med: $550,000 On Site: 31 low | high Med: 130.500000 Sourced by Back At You |