4275 48th St Pending

San Diego,CA 92115

$ 4190000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 240021040SD

HOA Y/N No

Property Description

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.

Location

State CA

County San Diego

Area 92115 - San Diego

Interior

Fireplace No

Others

Tax ID 4713223600

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