Well-maintained and stabilized 4 Unit property located in the highly desirable Morena neighborhood of San Diego. The building is currently occupied by solid, long-term tenants and provides reliable in-place income from day one. The units have been partially renovated and present a clear value-add opportunity through selective renovations, including kitchens,… Read More bathrooms, finishes, windows, and other cosmetic upgrades to further increase rents and overall return. The roof is in good condition. Each unit is assigned one on-site parking space in an area where parking is a premium. The location is a major strength—centrally positioned with easy access to University of San Diego, Tecolote Canyon, multiple Golf Courses, Mission Bay, Pacific Beach, SeaWorld, and Fashion Valley Mall, along with nearby freeway access to I-5 and I-8. This proximity to employment centers, recreation, shopping, and transit drives consistent rental demand. An excellent opportunity for investors seeking stable cash flow today with upside potential tomorrow in one of San Diego’s most supply-constrained rental markets. Read Less
Property listed by Christen Jensen, Broker, Chris Jensen 858-449-1277
Listing Snapshot
Days Online
0
Last Updated
Lot Size
0.1 Acres
Year Built
1960
MLS Number
250045726SD
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1960, 1 building, 2 stories, Levels: Two
Community
Park Name: NA
Cooling
None
Fence
Partial
Heating
NaturalGas
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $81,600, Net Operating Income: $76,298
Lot
0.0954 acres
Pool
None
Property
Ocean
Roof
Composition
Taxes
Parcel Number: 4363840100, Zoning: R-4:MULTIP
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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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