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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,395,000

Est. payment - /mo

6,246 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 260013547SD

HOA Y/N No

Year Built 1960

Lot Size 6,246 Sqft

Property Description

This is a 4-unit property with 4 garages in PB and only 3.5 blocks to the ocean. All units consist of 2 bedroom, 1 bath, 825 sqft with private patios. All are residential units totaling 3,300 sqft on a 6,245 sqft lot. Seller is selling property nextdoor with same configuration (MLS 260013552). Current rents are extremely low. CAP can be 4.5% at $3,500 a month rent w/ no updating. Also, may be potential for garage-to-ADU conversions. This provides a rare opportunity to own multifamily real estate just steps from the funnest beach in San Diego, Pacific Beach. The front unit is currently an STVR (unit pictured) and the 3 others are long term tenants. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS<<<

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Building/Complex Name Grand East

Zoning RM 2-5

Interior

Heating Natural Gas, See Remarks

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Fence Partial

Pool None

View Y/N No

Roof Type Composition

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4231540700

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/260013547

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Listed by Monique LeBlanc The Agency #01826588

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1065-1071 Grand Ave San Diego, CA 92109