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2250 Garnet Ave, San Diego, CA 92109

Commercial property

2250 Garnet Ave, San Diego, CA 92109 Sold May 2023 CRMLS
$2,700,000Sold May 2023

Listing Agent: Daniel Chiara (DRE #01929545) · Listing Office: Realty and Design of San Diego · Contact: 619-251-0407 · Bought with: Brendan Flynn · South Coast Commercial, Inc. · MLS #230005574SD · Source: CRMLS

5
Units
5.20%
Cap Rate
$151,340
NOI
6,241 sqft
Lot Size
CO-1-2
Zoning
Commercial property
Type

About this commercial property

Turn-key and rented for immediate cash flow. All units are 2bed/1baths. Bungalow (Detached) 929sf w/ private laundry. Four-Plex has 2 units on first level and 2 units on second level. First level units are 646sf each - Second level units are 722sf each. Renovations include new waterproof luxury vinyl plank flooring throughout, new kitchen cabinets, quartz countertops, new appliances, new built-ins throughout, upgraded electrical. Three of the five units were renovated (2022) throughout. All units have been well maintained and updated. Some renovations completed by the seller: Exterior paint, roof replacement, updated electrical, hedge trimming, parking space expansion, Hardscape cleaning, Laundry room renovation. Zoning may allow additional non-residential uses. See zoning info in documents tab. All units are rented. Add coin laundry to increase revenue, add water meters etc. OM Available in document tab. Full list of renovations available upon request.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$2,700,000
Sold May 2023 · listed $2,900,000, on market March 2023 · MLS #230005574SD · Source: CRMLS
Listing Agent: Daniel Chiara · Listing Office: Realty and Design of San Diego · Contact: 619-251-0407 · Bought with: Brendan Flynn · South Coast Commercial, Inc.
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