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  • MLS#: 250024234SD ( )
  • Street Address: 4560 Winona Ave
  • Viewed: 2
  • Price: $1,395,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1940
  • Bldg sqft: 0
  • Days On Market: 74
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92115
  • Provided by: Nara Advisors, Inc.
  • Contact: Miles Miles
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime value add + development opportunity in highly desirable Talmadge. This 6,600 SF RM 1 1 zoned lot currently features three units: a front duplex with two 1bd/1ba units, plus a detached 2bd/1ba house in the rear. Seller has fully approved permits in hand to demolish the rear house and construct 9 new units, while retaining and renovating the existing duplexbringing the total to 11 rentable units. New ownership can begin renovations and lease up immediately. Projected pro forma cap rate of 7.5%. Located in a low density, high demand rental market with limited multifamily supply. Excellent access to I 8 and I 15 puts you minutes from Downtown, Mission Valley, Kensington, and the College Area. Rare opportunity to develop in one of San Diegos most stable, appreciating infill neighborhoods.
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Features
Association Fee
  1. 0.00
Cooling
  1. See Remarks
Country
  1. US
Days On Market
  1. 35
Levels
  1. One
Netoperatingincome
  1. 12722.00
Parcel Number
  1. 4656410700
Park Name
  1. Talmadge
Sourcesystemkey
  1. 250024234:SDP
Tenant Pays
  1. See Remarks
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/250024234
Year Built
  1. 1940
Zoning
  1. RM-1-1