Incredible investment opportunity with strong cash flow in this fully rented four-unit property generating $10,000 per month in gross rental income. Each unit has been tastefully renovated inside, offering updated interiors that appeal to quality tenants—who are all current on rent. The property also includes two garage structures that are… Read More not currently utilized by tenants, presenting a clear opportunity to increase income by renting out the garages or converting them into two additional units through ADU development. This property offers a 6.86% cap rate and an 11.67 GRM, providing solid day-one returns with upside potential through additional value-add strategies. Read Less
Listed by Compass619-353-5799, Said Abdallah
Listing Snapshot
Days Online
28
Last Updated
Property Type
Res Income 2-4 Units
Year Built
102000
MLS Number
250028709
30 Days Snapshot Of 92105
$628k
-1%
(avg) sold price
16
-15%
homes sold
21
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
4 units with oven, 4 units with refrigerator
Building
4 units, Built in 1964, 2 story, 1 building
Cooling
4 units with cooling, Wall/Window, Other/Remarks
Exterior Features
4 units with patio, Stucco
Fireplaces
4 units with fireplace
Garage
4 units with garage
Lot
.25 to .5 AC
Fence
Full
Unit One
Actual Rent: $2,500, 2 bedrooms, 1 total bathroom, 1 full bathroom, Laundry hookups: Common, Exclusive-use yard, 1 non-garage parking space, Occupancy: Tenant, Deposit: $1,200
Unit Two
Actual Rent: $2,500, 2 bedrooms, 1 total bathroom, 1 full bathroom, Laundry hookups: Common, Exclusive-use yard, 1 non-garage parking space, Occupancy: Tenant, Deposit: $2,500
Unit Three
Actual Rent: $2,500, 2 bedrooms, 1 total bathroom, 1 full bathroom, Laundry hookups: Common, Exclusive-use yard, 1 non-garage parking space, Occupancy: Tenant, Deposit: $2,500
Unit Four
Actual Rent: $2,500, 2 bedrooms, 1 total bathroom, 1 full bathroom, Laundry hookups: Common, Exclusive-use yard, 1 non-garage parking space, Occupancy: Tenant, Deposit: $2,500
Roof
Composition
Security Features
Security Bars
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