BIG PRICE IMPROVEMENT- DOWN $400k. BRING ALL OFFERS. Solid in place Cap Rate w/ clear path to 7%+ Cap Rate w/ out Major Rehabds. Loan amount of $3m available (inquire with LA). Available ADU potential for 1-2 more units. 16 unit property in Colina Del Sol in San Diego. This one building property contains an excellent unit mix of 10 1bd/1bt units, 4 2bd/1.5bt units and 2 Studios. Majority of the units have recently been remodeled with new laminate flooring, paint, stainless steel appliances, tiled showers, AC (in select units), new cabinets, quartz countertops, and the newest 1br remodel has in-unit washer/dryer. This property has been well maintained and can offer upside in rents with minimal remodeling required.
Property Details
Price:
$4,190,000
MLS #:
240021040SD
Status:
Active
Baths:
0
Address:
4275 48th St
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92115sandiego
City:
San Diego
Listed Date:
Sep 5, 2024
State:
CA
ZIP:
92115
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Courtesy of Apartment Realty Group (ARG). Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 4275 48th St
San Diego, CA
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