$1,105,000
$1,200,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/16/2021
Key Details
Sold Price $1,105,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Normal Heights
MLS Listing ID 210008060
Sold Date 06/16/21
HOA Y/N No
Year Built 1926
Property Description
3 Units in stable and growing Normal Heights Rental Market. Excellent Opportunity as an investment or an owner with rental units purchase. Ad Value Opportunity to improve the property and raise rents to market. Current rents are about 20% below market compared with other nearby rental units that have been upgraded. Tenants enjoy the convenience of several nearby shops/restaurants and bars. Walk score for the property is 87 out of 100 and considered very walkable. The rear duplex was built more recently. There are 5 off street parking spaces in the rear. Front house has laundry in the units and the rear duplex has laundry hook ups but not currently being utilized. Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Number of Furnished Units: 0
Location
State CA
County San Diego
Area 92116 - Normal Heights
Building/Complex Name Normal Heights
Interior
Cooling None
Fireplace No
Exterior
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4470301500
Financing Conventional
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Bought with Nick Emerson • Keller Williams SD Signature
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "