Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $13,065 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex with paid off solar. Utah… Read More St has plenty of onsite parking both in front and on alley as well as in unit washer and dryers. It’s a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property. Read Less
Property listed by LPT Realty, Inc., Lionel Correia [email protected]
Listing Snapshot
Days Online
57
Last Updated
Property Type
Other
Lot Size
0.11 Acres
Year Built
2020
MLS Number
PTP2506548
30 Days Snapshot Of 92104
$874k
-2%
(avg) sold price
25
+56%
homes sold
57
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2020, Building area total: 3,217, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Gutters, Park, StormDrains, StreetLights, Sidewalks
Expenses
Operating expense: $32,085
Income
Gross income: $156,780, Net operating income: $124,694
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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