3.03% INTEREST ONLY FINANCING THROUGH 2029! CASH FLOW!!! Discover the pinnacle of real estate investment in the vibrant City Heights neighborhood of San Diego. Presenting 3845 Chamoune Avenue"a newly listed 22-unit apartment building that epitomizes stability, convenience, and unparalleled returns. Boasting twenty-one meticulously crafted one-bedroom, one-bathroom apartments, alongside a two-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom apartment, this property caters to diverse tenant preferences, ensuring high occupancy rates and steady rental income streams. Experience the pinnacle of comfort and convenience with ample off-street parking and on-site laundry facilities, elevating the resident experience and fostering long-term tenant satisfaction. Benefit from recent capital investments, including new roofs, fresh exterior paint, upgraded fencing, security systems, energy-efficient windows, and essential infrastructure enhancements such as rerouted water lines and interior unit upgrades"ensuring minimal maintenance costs and maximum tenant satisfaction. This investment gem promises exceptional cash flow from day one, boasting an impressive yield of approximately 6.5% (day 1!). With stable rental income and minimal expenses, investors can enjoy robust returns without delay. Take advantage of an assumable Freddie Mac loan, featuring a loan balance of $3,240,000 and an attractive interest-only rate of only 3.03% through 2029, further enhancing the property's affordability and profitability.
Prime "Fixer Upper" Property in City Heights. This 4-unit fixer upper property presents a lucrative investment opportunity for savvy investors. Boasting a prime location and substantial potential, this property is primed for transformation and profit maximization. Spanning a total of 2588 square feet and situated on a 5506 square feet lot, there's room for expansion, landscaping, or other value-added improvements. Zoned R4, this property offers flexibility for various development opportunities, allowing for potential expansion or redevelopment projects to maximize its investment potential. Comprising 2 dwellings, the front building features three units. Unit 1: 2+1 First Floor, Unit 2: 2+1 Second Floor, Unit 3: Studio apartment is in the back of the building. Unit 4: A separate back building offers a single 3-bedroom, 1-bathroom unit. All units are currently vacant. This property presents the chance to add significant value through renovation and modernization efforts. With the right vision and execution, investors can unlock the full potential of this property, attracting premium rental rates and enhancing its overall market value. Positioned in a desirable area of San Diego, this property enjoys proximity to amenities, transportation hubs, schools, and recreational facilities, making it an attractive choice for potential tenants and future buyers alike. With strategic upgrades and repairs, the potential rental income for this property is estimated to soar up to $9400+ per month, offering a substantial return on investment. Don't miss out on this chance to turn this diamon
Welcome to this centrally located duplex, perfect for first-time buyers or investors! This property features two units, each offering two bedrooms and one bathroom. With a total of 3,298 sqft, this duplex provides ample living space for both units. Currently tenant-occupied, this presents a fantastic opportunity for those looking to invest in a property with existing rental income. Take advantage of the convenience of having two units on one lot. Don't miss out on this great opportunity for a well-maintained duplex in a prime location!
Wonderful 3 bedroom home in great location! 1 of 4 homes located near canyon with beautiful canyon views. Cul-de-sac. No neighbors to the back. No neighbors to the front. Newer elementary school which is walking distance nearby. New bathroom. Newer floors. Easy access to freeways, shopping & more. Seller financing available.
4079 Euclid Avenue is a 22-unit building consisting of 13,908 rentable square feet of structure built in 1962 on a 15,684 square foot lot. The property features 24 parking spaces, common laundry facilities and a strong unit mix of (4) 2 Bedroom / 1 Bath, (14) 1 Bedroom / 1 Bath, and (4) Studio units.
4033-47 Euclid Avenue consists of two parcels totaling 13,265 square feet of land zoned CUPD-CT-2-3. The two structures comprise 8,613 rentable square feet and were built in 1965. The units are large, single-story and consist of (8) 2 Bedroom / 1 Bathroom units and one 3 Bedroom / 1.5 Bathroom unit. All units have their own laundry hook ups and back doors as well as individual water heaters and the ability to be sub-metered for water. The units have all been renovated with plank flooring, new kitchen cabinets, granite countertops and canned lighting as well as tiled shower enclosures.
Move in Ready, 2nd Floor unit, 2 beds, 2 Full Baths, Laundry in unit, gated complex, great condition and location, near shops, market, restaurants. Walk in Closet for Primary Bedroom, Wall mount AC, upgraded flooring, and cabinets, granite counter tops, bathrooms upgraded, Ceiling fans throughout. HOA dues covers Water, Hot Water, Sewer, & Trash. Blue Waters Complex VA Approved (000981).
We are pleased to present this turnkey four-unit property. The property features a strong unit mix with new electrical system, new plumbing, new exterior light fixtures, new exterior paint, new resurfaced concrete, reinforced railings, new security gate & new dual pane windows throughout. Fully renovated interiors include new A/C mini splits, new W&D's, new ceiling fans in each room, new stainless steal appliances and new kitchens & bathrooms. Current gross rental income is $13,200 per month / 5.29% CAP. The property also lies in the complete communities map (FAR Tier 3: 6.5 FAR) allowing for significant bonus density for development.
Excellent investment potential! This property is located in commercial zoning area, with huge potential for the right investor. Front unit has 3 bedroom 2 bathroom and the back unit has 2 bedroom and 1 bathroom with alley access. Shown with an accepted offer. Do not disturb tenants.
$1,475,000 assumable loan at 4% through June 1, 2029. Welcome to an exceptional investment opportunity directly across from Teralta Neighborhood Park. This property features 9 charming units offering a great unit mix, including individual bungalows and two 2-bedroom, 2-bathroom units. Each unit is separately metered. The current owner has invested over $350,000 in renovations, including hardwood flooring, updated kitchen and bathrooms, granite counters, newer appliances, cabinetry, HVAC systems, and tankless water heaters. All units are equipped with Ring doorbells, ensuring security and convenience for tenants. Don't miss out on this opportunity to invest in a well-maintained property with a strong rental history and promising income potential. Centrally located with easy access to I-15 and I-805, the property offers a short distance to vibrant neighborhoods such as North Park, Kensington, Mission Valley, and Downtown San Diego.
Welcome to your new home! This great condo offers one bedroom, one bathroom, and in-unit laundry for ultimate convenience with two parking spots included. Perfectly located near freeways for easy commuting, the property is also a stone's throw away from shopping centers and schools. The gated complex offers security and top-notch amenities such as pools, spas, sport court and a rec center. This is a perfect opportunity for anyone looking for a comfortable and convenient lifestyle. Don't miss out!
2 unit investor special! Duplex in the Hollywood Park neighborhood of City Heights. Each unit is a 2 bed, 1 bath and backs up to a canyon/open space providing privacy. One unit upstairs, one downstairs. Downstairs unit has private yard. Cash only due to condition. Please do not disturb the occupants!
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