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Key Details
Sold Price $1,020,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2001452
Sold Date 01/11/21
HOA Y/N No
Year Built 1958
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Incredible cash flow for this fully fenced 4-unit building consisting of four 2 bedroom/1 bath units! Owner is willing to rent entire building back at market rate for long term after COE. The property has been used as an AirBNB investment with all four units almost always occupied as guests love its proximity to the Downtown Convention Center, the Gas Lamp district and Coronado island. Strong ACs in bedrooms and kitchen and four reserved parking spots in the front of the building. Additional features: CCTV security cameras surround the building. Three AC units in each apartment. Large lot in the back with opportunity to build on. Sellers AirBNB cleaning service is available to the new owners at COE. This building may also be purchased with its twin building next door containing four more units (one water meter services both buildings). Make money day one of ownership as AirBNB rentals or use them for long term rentals.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Zoning R-4:MULTIPLE RESIDENTIAL
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 5456711900
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Bought with John La Mattery • Big Block Realty, Inc