1644 Grove Street is a fully remodeled 6-unit apartment building located in the South Park neighborhood in San Diego. The property boasts a strong unit mix of all 2 bedroom / 1 bathroom units. All units have new high-end kitchens, bathrooms, flooring, canned lighting, appliances, dishwashers, mini-splits, and in-unit laundry… Read More equipment. All plumbing was replaced in the building including all new hot/cold water lines, drain stacks, and the mainline was replaced with ABS from the slab. There is a new hot water heater and new recirculating line as well. The deck was also full re-framed and there is a new deck coating. This property offers a turnkey investment to an investor looking for a high end asset in a neighborhood with a limited rental supply. Read Less
Property listed by NorthMarq Multifamily, Benn Vogelsang 310-259-7556
Listing Snapshot
Days Online
23
Last Updated
Property Type
MixedUse
MLS Number
260005500SD
Additional Details
Building
1 building
Expenses
Operating: $64,790
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $219,240, Net Operating Income: $147,873
Parking
5 total parking spaces
Taxes
Parcel Number: 5393021400
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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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