$1,845,000
$1,875,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/20/2019
Key Details
Sold Price $1,845,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Crown Point
MLS Listing ID 190016064
Sold Date 05/20/19
HOA Y/N No
Year Built 1986
Property Description
LOWEST PRICE PER SQUARE FOOT IN ALL OF 92109 ($389/ft)! We are pleased to offer this unique investment property a block and a half to Mission Bay. 3824-26 Shasta Street consists two 2br/2ba town homes and one 5br/2ba house. The 5br/2ba is currently being operated as two units (1-3br/1ba and 1-2br/1ba) as each have their own private entrances. There are 6 garages on site as well as off street parking. Select units contain washer/dryers in unit. All tenants are on MTM leases. With light cosmetic modifications and increased rents this property should operate at north of a 5% CAP rate in what is highly considered an A+ Location. Potential for short term rentals is through the roof. All units are unusually enormous and each unit comes with a garage (plus 2 additional garages). Neighborhoods: Crown Point Exterior: Wood/Stucco Other Fees: 0 Number of Furnished Units: 0 Topography: LL
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
Pool None
View Y/N Yes
View Bay
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Tax ID 4245310500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Josh Browar • The Browar Group
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Broker Associate | Lic# 01905244