$889,000

4468 58th St

San Diego CA, 92115

Description

A 10 min bike ride from SDSU, this prime location can draw high demand for its rentals and presents itself as a value add opportunity. 3-units & 3-garages with HUGE potential in rents. Two buildingson the lot. First building has two 2BR/1BA units. Second building has three 1-car garages and above the garagesis the last 2BR/1BA unit. This unit has its own washer & dryer. Shared yard space. One of the units has newer floors and windows. Property has some deferred maintenance with big upside potential. Lots of potential with this property. Its location near SDSU will provide a stream of demand. This rare offering has three 2BR/1BA units, each about 945 sq feet (buyer to verify unit sq footage). There are also three detached 1-car garages. The units are spread across two buildings. The first has two of the units. The upper unit has newer windows and floors. The second building has the three garages and oneunit above the garages. This last unit has a washer and dryer. The rents are way below market value. With some updating and deferred maintenance there is HUGE potential upside in the rents. A lucky investor is going to get this property at a great price and quickly see a return on the upside potential. Other Fees: 0 Unit # for Unit 1: 4468 Unit # for Unit 2: 4470 Unit # for Unit 3: 4472 Number of Furnished Units: 0

Details

MLS#200052391
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1949
Days On Site3

Features

Units3
Building(s)1

Market Activity 92115

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Area Information
StateCA
CountySan Diego
CitySan Diego
Zip Code92115
Area92115 - San Diego92115 - San Diego
Listing VS Median (in 92115)
Price:
$889,000
low | high
Med:
$472,500
96.850393700787% of Average
On Site:
3
low | high
Med:
14.500000
20.689655172414% of Average
Listing Updated: November 25, 2020 3:19:46 AM PST
Jeremy Sine LogoMLS Number: 200052391
Listing Provided By:
Jeremy Sine  of  CoSine Real Estate
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