2045 Garnet Ave, San Diego, CA 92109
Property
Sold October 2024
Listing Agent: Monroe Herington (DRE #01930053) · Listing Office: eXp Realty of California, Inc. · Contact: 858-258-7383 · Bought with: Richard Hoyt · Real Broker · MLS #240014971SD · Source: CRMLS
About this property
This unique 4 unit property encompasses a great mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from restaurants, coffee shops, Trader Joe's, and the bay. Quick freeway access, also enhances its appeal to potential renters. Gross income of $95,388 and a net operating income (NOI) of $72,672. Currently operating at a strong 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available - 2037 & 2041 Garnet.
Listing description from the October 2024 sale, as reported to CRMLS.
Sale history