4026 Menlo Ave, San Diego, CA 92105

About this property

4 Cash Flowing units in City Heights. 4.55% on actual income/expenses including new taxes! 3 Cottage Style Separate Units with a 4th Two Bedroom Unit above the garages. Rents close to market but with some upgrades could be raised $50-$150/unit/month bringing the pro forma cap rate close to 5%. Units are well maintained and should show very well. Additional income could be brought in by charging for garages and adding on site laundry. Pitched Roofs on all buildings. Neighborhoods: City Heights Other Fees: 0 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

Listing description from the December 2018 sale, as reported to CRMLS.

Sale history

$782,100

Sold December 2018 · listed $800,000, orig. $825,000, on market October 2018 · MLS #180055138 · Source: CRMLS

Listing Agent: Thomas McCartin · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Thomas McCartin · Marcus & Millichap

$574,000

Sold March 2016 · listed $562,500, on market February 2016 · MLS #160006889 · Source: CRMLS

Listing Agent: Thomas McCartin · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Thomas McCartin · Marcus & Millichap

$325,000

Sold March 2013 · listed $324,900, on market August 2012 · MLS #120039226 · Source: CRMLS

Listing Agent: Casey Ralston · Listing Office: Noble Real Estate Services · Contact: 619-575-6200 · Bought with: Wayne Ansley · Ansley Realty

Explore San Diego