For more information regarding the value of a property, please contact us for a free consultation.
1742 48 Kearney Ave San Diego, CA 92113
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
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
Read Less
Bought with Colin Darville • South Coast Commercial, Inc.
GET MORE INFORMATION