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    4525 35th Street

    San Diego, CA 92116
    • $1,200,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 210008060
    $1,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    3 Units in stable and growing Normal Heights Rental Market. Excellent Opportunity as an investment or an owner with rental units purchase. Ad Value Opportunity to improve the property and raise rents to market. Current rents are about 20% below market compared with other nearby rental units that have been upgraded. Tenants enjoy the convenience of several nearby shops/restaurants and bars. Walk score for the property is 87 out of 100 and considered very walkable. The rear duplex was built more recently. There are 5 off street parking spaces in the rear. Front house has laundry in the units and the rear duplex has laundry hook ups but not currently being utilized. Other Fees: 0 Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Number of Furnished Units: 0

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T00:36:16.78. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/115581081
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    4525 35th Street San Diego, CA 92116

    • Price: $1,200,000
    • Status: Active
    • ID#: 210008060
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1926
    Built
    Neighborhood:
    Normal Heights
    County:
    San Diego
    Area:
    92116 - Normal Heights
    Property Description
    3 Units in stable and growing Normal Heights Rental Market. Excellent Opportunity as an investment or an owner with rental units purchase. Ad Value Opportunity to improve the property and raise rents to market. Current rents are about 20% below market compared with other nearby rental units that have been upgraded. Tenants enjoy the convenience of several nearby shops/restaurants and bars. Walk score for the property is 87 out of 100 and considered very walkable. The rear duplex was built more recently. There are 5 off street parking spaces in the rear. Front house has laundry in the units and the rear duplex has laundry hook ups but not currently being utilized. Other Fees: 0 Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Number of Furnished Units: 0
    Exterior Features

    Roof Composition

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Cap Rate 3.72 Gross Scheduled Income 66540 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 50 Senior Community YN No Tenant Pays Electricity

    Listing provided courtesy of Thomas Mccartin of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T00:36:16.78. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The DeBonis Team | Keller Williams Realty
    19040 Van Buren Boulevard #107
    Riverside CA, 92508