Property · 2 recorded sales since 2012
Listing Agent: Michael Wolf (DRE #01709065) · Listing Office: Coldwell Banker West · Contact: 619-325-4100 · Bought with: Terry Moore · Apartment Consultants, Inc. · MLS #150026063 · Source: CRMLS
Bread & Butter 4-on-1 in Golden Hill. If you are looking for solid value, return on investment and a low maintenance operation, you've found it! Well maintained, managed & recently upgraded property. 3 units have remodeled kit & baths. Upgraded electrical, water heaters, flooring throughout. Updated landscaping, off street parking for all units, room for increases in rents - all units very well maintained - great views into downtown. Tenants love it here and wish to remain in place. Financials attached. Well managed and sure to not last long - this 4 on 1 is a great opportunity for cash flow and appreciation. Historical beauty through and through - Zen garden area on side of home - communal storage building in rear - possibly install washer & dryer for increased income; Sellers installed conduit to allow for drain and electrical to said storage unit that's currently used as storage and art studio. Rents arguably below market and can easily be raised. Tenants pay cable/internet/phone, and units 1,3,4 pay electric. Owner pays gas and water and electric for building included unit #2's electric as they are on the same meter as exterior. All expenses are actual and attached. Opportunity abounds! Act now! Neighborhoods: golden hill Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: #1 Unit # for Unit 2: #2 Unit # for Unit 3: 3 Unit # for Unit 4: 4 Number of Furnished Units: 0 Topography: LL
Listing description from the July 2015 sale, as reported to CRMLS.