$1,540,000
$1,590,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/19/2025
Key Details
Sold Price $1,540,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240025588SD
Sold Date 02/19/25
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
Includes two APNs 550-600-54-00 and 550-600-72-00. This is a must-see, turn-key property. Outstanding investment opportunity to potentially acquire 8 units with residential financing! Each building has its own APN, address and consists of 4 studios per building for a total of 8 studio units. Strong rental demand with potential upside in rents. Well-maintained with pride of ownership by a long-term owner. 4 units have been freshly painted & have undergone several recent updates. All units have been well maintained with updates over the years. Water heater ~2 years old in 1702 & new in 1704. Tenants enjoy two spacious outdoor areas, a BBQ area, and common laundry facilities which provide additional income. Drought-tolerant landscaping with drip irrigation for easy maintenance. The property is located in an opportunity zone and a neighborhood comprised of many single-family homes. Close to downtown, Navy Base SD, Barrio Logan, National City and so much more. Easy freeway access.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Composition
Others
Tax ID 2 APNs
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
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Bought with Juan Contreras • Fathom Realty Group