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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 949,000

Est. payment | -/mo

5 Beds

4 Baths

8,278 Sqft Lot

Save Virtual Tour

$ 949,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

4 Baths

8,278 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Imperial Beach

MLS Listing ID 260007028

Bedrooms 5

Full Baths 4

Year Built 1943

Lot Size 8,278 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Motivated Seller! Rare opportunity to own a high income producing investment property with strong cap rate potential. The property consists of two legal units and one additional unit with unknown permit status, for a total of three units.The front unit is a 2 bedroom 1 bathroom approximately 600 square feet. The main unit is a 2 bedroom 2 bathroom approximately 700 square feet and has just been fully remodeled. It is currently vacant and ready for a new tenant at market rent. The rear unit is a 1 bedroom 1 bathroom approximately 300 square feet with permit status unknown.Two units are currently occupied, providing immediate rental income, while the vacant unit offers upside potential for increased cash flow.Zoning allows for up to four units. The seller has already worked with an architect to prepare plans for future expansion, which are available for review.This is an excellent opportunity for investors looking for strong current income with additional development upside.

Location

State CA

County San Diego

Area South Bay

Zoning R-2:MINOR

Direction 5 South Exit Palm Ave west left on Saturn Blvd right on Dahlia

Interior

Heating Wall/Gravity

Cooling Wall/Window

Fireplace No

Exterior

Fence Partial

Utilities Available Other/Remarks

View Y/N Yes

Water Access Desc Available,Meter on Property

Roof Type Composition

Building

Story 1

Water Available, Meter on Property

Level or Stories 1

Others

Senior Community No

Tax ID 627-052-07-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260007028

Listed by Farid Khayamian, DRE#01835318 Bluxen, Inc.

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1729-33 Dahlia San Diego, CA 92154