For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,725,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 350 sqft
Price per Sqft $4,928
Subdivision Pacific Beach
MLS Listing ID 240014971
Bedrooms 5
Full Baths 4
Year Built 1980
Lot Size 3,232 Sqft
Property Description
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.
Location
State CA
County San Diego
Community Pacific Beach
Area Pacific Beach (92109)
Building/Complex Name Pacific Beach
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Story 1
Others
Acceptable Financing Other/Remarks
Space Rent $1,380
Listing Terms Other/Remarks
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Richard A Hoyt • Real Broker
Get More Information
- Homes for Sale in San Diego
- Homes for Sale in Alpine
- Home for Sale in Bay Park
- Homes for Sale in Bonita
- Homes for Sale in Cardiff by the Sea
- Homes for Sale in Chula Vista
- Homes for Sale in Coronado
- Condos for Sale in Coronado Shores
- Condos for Sale in Downtown
- Homes for Sale in El Cajon
- Homes for Sale in Encinitas
- Homes for Sale in Escondido
- Homes for Sale in Fallbrook
- Homes for Sale in Hillcrest
- Homes for Sale in Imperial Beach
- Homes for Sale in La Jolla
- Homes for Sale in Lakeside
- Homes for Sale in Lemon Grove
- Condos for Sale in Little Italy
- Homes for Sale in Mission Beach
- Homes for Sale in Mission Hills
- Homes for Sale in Ocean Beach
- Homes for Sale in Oceanside
- Homes for Sale in Olivenhain
- Homes for Sale in Pacific Beach (PB)
- Homes for Sale in Point Loma
- Homes for Sale in Rolando
- Homes for Sale in San Carlos
- Homes for Sale in San Marcos
- Homes for Sale in Santee
- Homes for Sale in Spring Valley
- Homes for Sale in Tierrasanta
- Homes for Sale in Vista
- Home for Sale in Waterpoint, Point Loma
- Pinnacle Condominiums