See all 12 photos
$1,299,000
Est. payment /mo
8 BD
4 BA
700 SqFt
New
1626 Una Street San Diego, CA 92113
UPDATED:
10/17/2024 10:30 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $1,855
Subdivision San Diego
MLS Listing ID 240024687
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1960
Property Description
Unlock a lucrative investment with this exceptional four-unit multi-family property, strategically located in a working-class neighborhood with endless demand. This well-maintained building features all two-bedroom, one-bath apartments, making it an attractive choice for a diverse range of tenants. The property is strategically located near all major freeways and is just minutes from downtown San Diego, ensuring high demand for rental units. Tenants are responsible for ALL utilities, reducing operational costs and increasing net income. The property also features 6 off street parking spaces and laundry facilities. Current ownership has recently made significant plumbing upgrades, painted the exterior and installed a new gutter system. The property generates a 5.5% cap rate at the asking price with potential to push rents even further, maximizing your investment return. Recent renovations have minimized upkeep, allowing for a hassle-free ownership experience. This is a fantastic opportunity for both seasoned investors and those looking to enter the multi-family market. Don?t miss your chance to capitalize on this profitable venture!
Location
State CA
County San Diego
Community San Diego
Area Logan Heights (92113)
Exterior
Exterior Feature Stucco
Fence Full
Roof Type Other/Remarks
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange, FHA, VA, Other/Remarks
Space Rent $2,051
Listing Terms Cash, Conventional, Exchange, FHA, VA, Other/Remarks
Listed by Josh Browar • The Browar Group
GET MORE INFORMATION
QUICK SEARCH
- Home for Sale in Downtown HOT
- Homes For Sale in Point Loma, San Diego, CA
- Homes For Sale in San Diego, CA
- Homes For Sale in Chula Vista, CA
- Homes For Sale in La Jolla, CA
- Homes For Sale in Del Mar, CA
- Homes For Sale in Solana Beach, CA
- Home for Sale in Encinitas
- Home for Sale in Rancho Santa Fe
- Home for Sale in Mission Hills
- Home for Sale in Bay Ho
- Home for Sale in Bay Park
- Home for Sale in Rancho Bernardo
- Home for Sale in Del Cerro
- Home for Sale in La Mesa
- Home for Sale in Coronado
- Home for Sale in Cardiff By The Sea
- Home for Sale in Carlsbad
- Home for Sale in Oceanside
- Home for Sale in Carmel Valley HOT
- Home for Sale in Kensington
- New Condos in San Diego HOT
- Home for Sale in Pacific Gate Tower HOT
- Home for Sale in Savina Tower HOT