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Key Details
Sold Price $980,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Encanto
MLS Listing ID 190042602
Year Built 1973
Lot Size 3,920 Sqft
Property Description
Solid income producing units fully occupied. 10 parking spaces, 5 in front and 5 in back. Actual cap rate of 6.8% with some room for improvement. Easy access to freeway and trolley stop is close by. Laundry room to add coin laundry for additional income. Upgrades made to the building inside and out. Long term tenants, 3 of 4 tenants are month to month. Neighborhoods: Encanto Other Fees: 0 Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Unit # for Unit 4: 4 Number of Furnished Units: 0
Location
State CA
County San Diego
Area 92114 - Encanto
Zoning R-4:MULTIP
Interior
Cooling None
Exterior
Roof Type Composition
Building
Story 2
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with Ginger Couvrette • Halcyon