Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

5

Building size

3,217 sqft

Lot size

4,666 sqft

Year built

2020

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

59

MLS #

245506848

About this property

Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $13,065 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex with paid off solar. Utah St has plenty of onsite parking both in front and on alley as well as in unit washer and dryers. It’s a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property.

Location

55 Utah Street

San Diego, San Diego, CA, 92104