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Listed by Sez Sezer • Douglas Elliman of California
$1,498,800
Est. payment /mo
6,988 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNDP2502316
Year Built 1941
Lot Size 6,988 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
This property presents an excellent investment opportunity, with the current rental income across its three units and plus possibility to convert the existing garage into an additional 1-bedroom unit to increase the rental income. Each unit offers comfortable living spaces, ideal for tenants seeking the perfect blend of urban convenience and residential tranquility. Three-unit multi-family property nestled in the vibrant Cherokee Point neighborhood of San Diego. This 2,405-square-foot property, on a sprawling 6,988 square foot lot, comprises three distinct units: Unit 1: Three bedrooms and two and a half bathrooms. Unit 2: Two bedrooms and one bathroom. Unit 3: One bedroom, one bathroom and downstairs 2 car garage. Two units are in the front building, both recently upgraded and rented, they both have laundry in units. The third (one-bedroom) unit in the back building, situated above the garage, offers excellent potential for value-add improvements and higher rent. The opportunity to convert the existing garage into a 1-bedroom unit or expand the property further, increasing rental income potential and maximizing investment returns. Two garages plus four driveway parking spots provide ample space for residents and guests. Private gated yards offer a secure area for relaxatio
Location
State CA
County San Diego
Area 92102 - San Diego
Exterior
Garage Spaces 2.0
Pool None
Others
Tax ID 4474621700
Special Listing Condition Not Applicable
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Sharad Gupta
Broker | License ID: 02213637
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