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  • MLS#: NDP2408975 ( )
  • Street Address: 225 35th Street
  • Viewed: 1
  • Price: $1,580,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Days On Market: 95
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92102
  • Provided by: Compass
  • Contact: Tanya Tanya
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    EXCELLENT 4 UNIT CASH FLOW MULTI UNIT OPPORTUNITY Strong cash flow. Strong cap rate. Don't miss a special opportunity to own a strong cash flow investment multi unit just south of Metro San Diego. The large 5,247 square foot lot provides plenty of room for 3 buildings that house 4 units. The unit make up is comprised of 2 2 bedroom/2 bathroom homes at 615 and 590 square feet each. Each unit has a good sized full kitchen and bathroom as well as full closets and storage. Additionally, there are 2 1 bedroom 1 bathroom units at 495 square feet each with full kitchens and bathrooms, good sized closets and extra storage. The units and buildings are very well built and maintained and each are metered separately. The property features on site laundry and security gates. The lot is flat and easily maintained with a perfect mix of hardscaped courtyards and beautiful drought tolerant mature trees and flowering bushes. Each unit is tenant occupied and the property has a vacancy rate of zero and attractslong term tenants. The property has a strong cash flow, room for upside, and runs with extremely low operating costs. Call agent for full Offering Memorandum, current rent roll, pro forma rent roll, and cap rate possibilities. This property is situated within a Federal Opportunity Zone which will provide its owner with a myriad of tax benefits and economic incentives. This is a perfect multi unit opportunity for both new and seasoned investors alike. Own a special piece of San Diego and let this property bring you great returns.
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Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 2159.00
Common Walls
  1. 2+ Common Walls
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 152.00
Laundry Features
  1. Common Area
  2. Dryer Included
  3. See Remarks
  4. Washer Included
Lot Features
  1. 0-1 Unit/Acre
  2. Back Yard
  3. Front Yard
  4. Landscaped
  5. Level with Street
  6. Level
  7. Park Nearby
  8. Yard
Netoperatingincome
  1. 71429.00
Newtaxesexpense
  1. 843.00
Parcel Number
  1. 5461260200
Pool Features
  1. None
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 400079451:CRP
Tenant Pays
  1. Telephone
Totalexpenses
  1. 11718.00
Trash Expense
  1. 0.00
Virtual Tour Url
  1. http://www.22535thmultiunit.com/mls/160128256
Water Sewer Expense
  1. 0.00
Year Built
  1. 1949
Zoning
  1. R-2