Rare Old Town San Diego 4-unit investment opportunity in one of the city’s most vibrant and walkable neighborhoods. Located just moments from San Diego Avenue and Congress Street, this multifamily property is surrounded by some of Old Town’s most popular restaurants, nightlife, hotels, shops, and tourist destinations including Rockin’ Baja… Read More Lobster, Old Town Tequila Factory, Tahona Bar, Harney Sushi, Casa de Reyes, Heritage Park, and the historic Old Town district. The property features four bachelor-style units with dedicated parking for every unit. Surrounded by mature palms and attractive low-maintenance landscaping, the property offers classic Southern California character with strong rental appeal for those seeking a vacation rental or long-term tenants looking for a centrally located San Diego lifestyle. Positioned minutes from Downtown San Diego, Little Italy, Mission Hills, the waterfront, San Diego International Airport, beaches, and major freeways, this property benefits from exceptional accessibility while still maintaining the charm and energy Old Town is known for. The area continues to attract short-term visitors and long-term renters alike. This an outstanding opportunity for investors looking to own a boutique multifamily asset in one of San Diego’s most consistently sought-after rental corridors. Read Less
Property listed by CENTURY 21 MASTERS, THE MARK AND AL TEAM 310-259-7556
Listing Snapshot
Days Online
4
Last Updated
Property Type
Quadruplex
Lot Size
0.12 Acres
Year Built
1996
MLS Number
CV26099900
Additional Details
Building
Built in 1996, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Front
Community
Urban
Expenses
Electric: $579, Insurance: $6,000, Operating: $29,795, Pest Control: $1,368, Trash: $579, Water/Sewer: $579, Other Expense: $9,108
Fireplaces
None
Home Owner's Association
Association Fee: $0
Income
Gross Income: $65,136, Gross ScheduledIncome: $65,136, Net Operating Income: $35,341
Laundry
None
Lot
0.1236 acres, TwoToFiveUnitsAcre
Parking
4 open parking spaces, 4 total parking spaces, OneSpace
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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