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  • MLS#: 260008464SD ( )
  • Street Address: 2985 54th St
  • Viewed: 4
  • Price: $1,498,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1951
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92105
  • Subdivision: San Diego
  • Provided by: OnQu Realty
  • Contact: Mark Mark
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Turnkey 4 Unit Investment Opportunity Fully Remodeled! Indoor laundry, A/C & heat in all units. Ideal for investors seeking a stabilized asset w/ minimal deferred maintenance. Realistic projection will generate approx $10,250/mo ($123k yr) offering a compelling GRM of 12.25 & 6%+Cap Rate at list price. Unit mix is three 3 bedroom units & one 1 bedroom unit. Units have not been previously occupied post renovation, providing a true turnkey opportunity for new owner & tenants. Professionally managed & currently advertising for tenants w/ projected operating expenses of approx 26.5%, including transferrable 6.5% management fee, supporting a solid investment profile. Located in a high demand rental corridor of San Diego w/ convenient access to mass transit, major freeways, churches, shopping & SDSU only 3.5 miles away.
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Features
Appliances
  1. Tankless Water Heater
Association Fee
  1. 0.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Heating
  1. Electric
  2. Combination
Levels
  1. One
Netoperatingincome
  1. 0.00
Parcel Number
  1. 4773410100
Park Name
  1. Furlow Heights
Pool Features
  1. None
Roof
  1. Composition
Sourcesystemkey
  1. 260008464:SDP
Spa Features
  1. None
Subdivision Name Other
  1. San Diego
Tenant Pays
  1. Gas
  2. Water
  3. Cable TV
  4. Electricity
View
  1. None
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/260008464
Year Built
  1. 1951
Zoning
  1. R-3:RESTRI