283 S 39th St, San Diego, CA 92113

About this commercial property

Fantastic investment opportunity for a buyer who is willing to rehab and rent the units. The current owner went through the trouble of kicking out all the tenants and it is completely vacant. 6 Units + 1 unit that was converted from a garage. Permits unknown. Has the potential to cash flow at a 7.16% cap rate and 9.26 GRM. Has the possibility of having size of units increased in order to increase cash flow. Property has minor city violations. Please contact LA for details.

Listing description from the June 2017 sale, as reported to CRMLS.

Sale history

$875,000

Sold June 2017 · listed $950,000, on market April 2017 · MLS #170016682 · Source: CRMLS

Listing Agent: Jordan Concepcion · Listing Office: Keller Williams Carmel Valley · Contact: 858-720-1900 · Bought with: Jeffrey Hein · Realty Executives

$614,000

Sold January 2016 · listed $669,000, on market December 2015 · MLS #150065097 · Source: CRMLS

Listing Agent: Mario Becerra · Listing Office: Coldwell Banker West · Contact: 619-475-4040 · Bought with: Jordan Concepcion · Keller Williams Carmel Valley

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