Rare 3-unit property in Encanto on a quiet street surrounded by primarily single-family homes. The main residence, built in 1979, offers 6 bedrooms and 2.5 baths (originally 4BR with a 2 Car Garage), in-unit laundry, and leased solar panels. Two additional units were newly constructed in 2022—a 2BR/1.5BA townhouse-style with… Read More loft and a 2BR/1BA with modern finishes. Both feature minisplit A/C, upgraded interiors, and are separately submetered for water. All three units also include individual water purification systems, and the owner has implemented a RUBS program for utilities. With a strong 5.5% cap rate, this property is an excellent investment opportunity or a great option for an owner-occupant to live in one unit while renting the others. Read Less
Property listed by Apartment Realty Group (ARG), Jordan Concepcion 619-222-9500
Listing Snapshot
Days Online
0
Last Updated
Year Built
1979
MLS Number
250038188SD
Additional Details
Building
Built in 1979, 2 buildings, 2 stories, Levels: Two
Community
Park Name: N/A
Cooling
Zoned
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $108,428, Net Operating Income: $81,555
Roof
Composition
Taxes
Parcel Number: 5495931300
Tenant Pays
CableTv, Electricity, Gas, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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