San Diego, CA 92113,1742 48 Kearney Ave
San Diego, CA 92113,1742 48 Kearney Ave
San Diego, CA 92113,1742 48 Kearney Ave
San Diego, CA 92113,1742 48 Kearney Ave
San Diego, CA 92113,1742 48 Kearney Ave
San Diego, CA 92113,1742 48 Kearney Ave
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$875,000

$925,000

5.4%
Est.Price: ?

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Est. payment /mo

7,078 Sqft Lot


SOLD DATE : 08/08/2023

Key Details

Sold Price $875,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 230008538SD

Sold Date 08/08/23

HOA Y/N No

Year Built 2006

Lot Size 7,078 Sqft

Property Description

Fantastic investment opportunity located in Logan Heights. This property consists of (3) units, including a 3-bedroom, 1-bathroom detached home, and (2) 2-bedroom, 1-bathroom units in the back along the alleyway ( 1 bedrooms with a den converted to 2 bedrooms ). The property sits on a 7080 square foot lot and 2124 square feet of livable space. The property also features a detached single car garage with potential to be turned into an ADU. Currently, the property is grossing $6000 per month with an average rent of $1500 for the 2 bedrooms and (4) tenants paying 750 each for the front house ( call for details), making it a 5%+ CAP rate at current rents. The property's close proximity to downtown and the 5 freeway makes it an ideal location for tenants who work in the city or want easy access to the freeway. ( property was not built in 2006 as indicated on tax records, buyer to do their own research on year built and bedroom/bathroom count )

Location

State CA

County San Diego

Area 92113 - Logan Heights

Building/Complex Name 1742 Kearney

Zoning RM 1-1

Interior

Cooling None

Fireplace No

Exterior

Fence Partial

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 5380800500

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Colin Darville • South Coast Commercial, Inc.
Bought with Colin Darville • South Coast Commercial, Inc.
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