$999,000
3895 Ocean View Boulevard San Diego, CA 92113
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$999,000
Est. payment /mo
6 BD
2,160 SqFt
Active
3895 Ocean View Boulevard San Diego, CA 92113
UPDATED:
09/30/2024 05:34 AM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $462
MLS Listing ID CRSW24166114
Bedrooms 6
HOA Y/N No
Year Built 1913
Lot Size 3,751 Sqft
Acres 0.09
Property Description
Welcome to this refurbished three unit investment property near down town San Diego. All three units have new wood laminate flooring, new appliances, new granite counters, and paint. Unit mix consists of a top unit that is a 3 bedroom, 1 bathroom (est 995 sqft). There is a 1 bedroom, 1 bathroom (est 460 sqft) and a 2 bedroom, 1 bathroom (est 651 sqft) on the first floor. All units are separately metered. Current rents are well below market rates.The property offers excellent potential for long-term growth, with the opportunity to increase value by adjusting rents to market rates. The pro forma cap rate with these adjustments is estimated to be in the 7-8% range, making this an attractive investment opportunity.
Location
State CA
County San Diego
Area Listing
Zoning RM-1
Interior
Heating Electric
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Other
Utilities Available Sewer Connected
Building
New Construction No
Others
Tax ID 5463101400
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Donny Hall • Hallway Realty
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