$1,150,000
$1,200,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
SOLD DATE : 06/14/2022
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision City Heights
MLS Listing ID NP22032624
Sold Date 06/14/22
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
Property is a 4+2 units and is to be sold as is. Title states the building is a 5 unit apartment, Seller states it is a 4+2 unit property totaling 6 units all with individual doors. Property offers a new roof completed 2 years ago, recent new paint job with some of the units have been upgraded to include granite counter tops, new cabinets and vinyl wood flooring. The property was constructed in 1985 and offers approximately 20% upside in rents, stabilizing at a 5.76%. CAP rate.
Location
State CA
County San Diego
Zoning Public Rec
Direction Cross Streets are Orange and University
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Exchange
Listing Terms Exchange
Read Less Info
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Bought with Terry Moore Apartment Consultants Incorporated
