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

Type

Triplex

Bedrooms

6

Bathrooms

4

Building size

2,615 sqft

Lot size

7,000 sqft

Year built

1940

Stories

2

Garage spaces

0

Heating

Electric

Cooling

None

Pool

None

View

None

Status

Active

Days on market

49

MLS #

246606843

About this property

Investor opportunity with strong long term potential. Property features a main home and two additional units that have been recently updated and are currently vacant, giving a new owner the flexibility to establish rental terms and begin generating income. The main home is in the process of being converted from a one bedroom, one bath to a two bedroom, two bath, offering added value and future upside. Situated on an approximately 7,000 square foot lot, the property also offers additional development potential. The existing layout and available setbacks may provide an opportunity to add up to two additional units, creating the potential for increased rental income and long term value, subject to city approval, zoning, permits, and development requirements. Centrally located with convenient freeway access and close proximity to shopping, dining, and everyday amenities. The property offers ample on site parking and a functional layout for multiple occupants. Ideal for investors seeking a buy and hold asset with immediate leasing potential, value add opportunities, and room for future growth. Buyer and buyer’s agent to independently verify all permits, zoning, development potential, use, unit count, setbacks, and square footage.

Location

110 W Hall Avenue

San Ysidro, San Diego, CA, 92173