Commercial property · 2 recorded sales since 2019
Listing Agent: Robert Newsom (DRE #00469721) · Listing Office: A Real Estate Superstore, Inc · Contact: 951-699-0333 · Bought with: James Carter · Apartment Realty Group (ARG) · MLS #190061516 · Source: CRMLS
This is a great investment opportunity. 7 unit-no onsite manager required- cottage apartment building. Most tenants are long term. Quiet centrally located street in San Diego. Unit has separate meters, so tenants pay their own utilities. Landlord pays water & exterior security lights. One unit (#4) has been remodeled with new appliances, flooring, kitchen cabinets re-stained, counter tops refinished. The 2 bathroom tubs were re-glazed & shower doors replaced. New bathroom cabinets and updated lighting installed. All units have security screen doors. There is a newly remodeled Laundry room with new floors and paint and decorator touches. Laundry room has hookups for 2 washers and 1 gas dryer. Old obsolete washers and dryer have been removed and new buyer's coin operated appliances can be installed at close of escrow. They usually pay themselves off in 6 months or less - good source of long term passive income. Do not Disturb Tenants. Amenities: None Exterior: ,,,,,
Listing description from the December 2019 sale, as reported to CRMLS.