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$1,075,000
Est. payment /mo
3 Beds
3 Baths
660 SqFt
UPDATED:
10/21/2024 11:54 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 660 sqft
Price per Sqft $1,628
Subdivision San Diego
MLS Listing ID 240017072
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1957
Lot Size 7,418 Sqft
Property Description
Prime Investment Opportunity: 7% CAP Rate, Low Maintenance: Achieve exceptional returns with this 3-unit property near Vista Village, offering a 7% CAP rate and minimal upkeep. The property includes two 1-bedroom/1-bathroom units and one converted to a 2-bedroom, maximizing rental income. Modern updates—kitchen cabinets, quartz countertops, stainless steel appliances, and dual-pane windows. Tenants enjoy three covered parking spaces and private backyards for two units, enhancing satisfaction. The prime location, within walking distance to restaurants, bars, and transport hubs, ensures high tenant demand and steady rental income. Currently generating over $6,000 per month from long-term tenants, this turnkey property provides excellent returns immediately. Don't miss this high-yield, low-maintenance investment opportunity.
Location
State CA
County San Diego
Community San Diego
Area Vista (92083)
Exterior
Exterior Feature Wood/Stucco
Roof Type Composition
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA
Space Rent $2,000
Listing Terms Cal Vet, Cash, Conventional, FHA, VA
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Listed by Jeffrey S Jewett • Keller Williams La Jolla
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Coronado Real Estate
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Coronado MLS