$1,175,000
$1,249,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
310 S 39th St San Diego, CA 92113
5,810 Sqft Lot
Key Details
Sold Price $1,175,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240004433SD
Sold Date 04/08/24
HOA Y/N No
Lot Size 5,810 Sqft
Acres 0.1334
Property Description
6-Units, value-add multifamily asset with strong in-place cashflow (5.51% cap on actuals). This property is situated less than 3 miles from Downtown San Diego and sits on a 5,813 sq ft lot and is comprised of six (6) 1bedroom/1bathroom units. The property features front yards and single-level cottage layouts. The property sits on on a corner lot along the alley offering potential for an astute investor to add onsite parking and laundry. • Value-Add Opportunity • Residential Neighborhood • Single-Level, Cottage-Style Units • 20%+ Upside in Rents • Low Price/Unit • Corner Lot
Location
State CA
County San Diego
Area 92113 - Logan Heights
Zoning RM-1-1
Interior
Heating See Remarks, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Others
Tax ID 5462231200
Acceptable Financing Cash, VA Loan
Listing Terms Cash, VA Loan
Financing Cash
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Bought with Angelo La Bruna • Apartment Realty Group (ARG)