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  • MLS#: PTP2504831 ( )
  • Street Address: 4139 46th Street
  • Viewed: 1
  • Price: $1,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 0
  • Days On Market: 47
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92105
  • Provided by: Real Broker
  • Contact: Sarah Sarah
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional value add 7 unit multifamily investment in the heart of City Heights. Priced at just $228K per unit, this asset offers strong fundamentals with a GRM of 11.4 (pro forma) and a 6.3% pro forma cap rate. The unit mix includes six 1BR/1BA units and one spacious 2BR/2BA townhome style unit with an attached 2 car garage and bonus room. All units are on month to month leases with rents well below market, presenting a major opportunity to increase cash flow. Located in an RM 1 1 zone within a Transit Priority Area, this site supports long term redevelopment or potential ADU additions. Ideal for investors seeking immediate rental upside and future redevelopment potential.
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Features
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 4544.00
Common Walls
  1. 2+ Common Walls
Electric Expense
  1. 300.00
Entry Location
  1. front door
Fuel Expense
  1. 0.00
Garage Spaces
  1. 2.00
Insurance Expense
  1. 3500.00
Laundry Features
  1. Community
Lot Features
  1. Level
Netoperatingincome
  1. 71124.00
Newtaxesexpense
  1. 20400.00
Parcel Number
  1. 4714011100
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Sourcesystemkey
  1. 400094102:CRP
Totalexpenses
  1. 39300.00
Trash Expense
  1. 2400.00
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/PTP2504831
Water Sewer Expense
  1. 0.00
Year Built
  1. 1978
Year Built Source
  1. Assessor
Zoning
  1. R-4:MULTIPLE RESIDENTIAL