$1,725,000
$1,675,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
350 SqFt
SOLD DATE : 10/02/2024
Key Details
Sold Price $1,725,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 350 sqft
Price per Sqft $4,928
Subdivision Pacific Beach
MLS Listing ID 240014971
Sold Date 10/02/24
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1980
Lot Size 3,232 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This unique 4 unit property encompasses a great mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from restaurants, coffee shops, Trader Joe's, and the bay. Quick freeway access, also enhances its appeal to potential renters. Gross income of $95,388 and a net operating income (NOI) of $72,672. Currently operating at a strong 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available - 2037 & 2041 Garnet.
Location
State CA
County San Diego
Community Pacific Beach
Area Pacific Beach (92109)
Building/Complex Name Pacific Beach
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Story 1
Lot Size Range 1-3999 SF
Level or Stories 1 Story
Others
Acceptable Financing Other/Remarks
Space Rent $1,380
Listing Terms Other/Remarks
Financing VA
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Richard A Hoyt • Real Broker
GET MORE INFORMATION
- Homes For Sale in San Diego, CA
- Homes For Sale in Escondido, CA
- Homes For Sale in El Cajon, CA
- Homes For Sale in Carlsbad, CA
- Homes For Sale in La Jolla, CA
- Homes For Sale in San Marcos, CA
- Homes For Sale in Ramona, CA
- Homes For Sale in Encinitas, CA
- Homes For Sale in La Mesa, CA
- Homes For Sale in Santee, CA
- Homes For Sale in Poway, CA
- Homes For Sale in Pacific Beach, San Diego, CA
- Homes For Sale in Rancho Bernardo, San Diego, CA
- Homes For Sale in University City, San Diego, CA
- Homes For Sale in Alpine, CA
- Homes For Sale in Carmel Valley, San Diego, CA
- Homes For Sale in Clairemont Mesa East, San Diego, CA
- Homes For Sale in San Diego Country Estates, CA
- Homes For Sale in Mission Valley East, San Diego, CA
- Homes For Sale in Serra Mesa, San Diego, CA
- Homes For Sale in Rancho Penasquitos, San Diego, CA
- Homes For Sale in Tierrasanta, San Diego, CA
- Homes For Sale in Scripps Ranch, San Diego, CA
- Homes For Sale in Bay Park, San Diego, CA
- Homes For Sale in Golden Hill, San Diego, CA
- Homes For Sale in Bay Ho, San Diego, CA
- Homes For Sale in Allied Gardens, San Diego, CA
- Homes For Sale in Morena, San Diego, CA
- Homes For Sale in Normal Heights, San Diego, CA
- Homes For Sale in Clairemont Mesa West, San Diego, CA
- Homes For Sale in Talmadge, San Diego, CA
- Homes For Sale in Mission Valley West, San Diego, CA
- Homes For Sale in Del Cerro, San Diego, CA
- Homes For Sale in Sabre Springs, San Diego, CA
- Homes For Sale in Carmel Mountain, San Diego, CA
- Homes For Sale in StoneCrest Village, San Diego, CA
- Homes For Sale in Fairmont Park, San Diego, CA
- Homes For Sale in City Heights Park, San Diego, CA