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1065-1071 Grand Ave San Diego, CA 92109
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Key Details
Sold Price $2,350,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Pacific Beach
MLS Listing ID 260013547
Bedrooms 8
Full Baths 4
Year Built 1952
Lot Size 6,245 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This is a 4-unit property with 4 garages in PB and only 3.5 blocks to the ocean. All units consist of 2 bedroom, 1 bath, 825 sqft with private patios. All are residential units totaling 3,300 sqft on a 6,245 sqft lot. Current rents are extremely low. CAP can be 4.5% at $3,500 a month rent w/ no updating. Also, may be potential for garage-to-ADU conversions. This provides a rare opportunity to own multifamily real estate just steps from the funnest beach in San Diego, Pacific Beach. The front unit is currently an STVR (unit pictured) and the 3 others are long term tenants. There are still STVR licenses available in the city of SD! >>>DO NOT DISTURB TENANTS<<<
Location
State CA
County San Diego
Area Coastal South
Zoning RM 2-5
Interior
Heating Wall/Gravity
Cooling Wall/Window
Exterior
Fence Partial
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition
Building
Story 2
Water Meter on Property
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Other/Remarks
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Bought with Sean D Broderick Advantage Team Real Estate
NEARBY SCHOOLS & BUSINESSES
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