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

4

Year built

1944

Stories

2

Cooling

None

Status

Active

Days on market

0

MLS #

247205799

About this property

Rare 4-unit multifamily in San Diego, priced to move for investors and owner-occupant buyers alike. Each unit offers a 2 bed/1 bath layout at approx. 810 SF (2 units up, 2 down). Two units have in-unit laundry; the other two share a common on-site laundry room. The detached alley building holds 4 single-car garages (currently one is used as a laundry room), all with strong ADU conversion potential, plus room to build above the garages for even more upside. At market rents this property pencils at a 5% cap rate and 14.4 GRM. Ideal for an investor looking to add ADUs and maximize unit count, or an owner-occupant who can live in one unit while the other 3 units cover the majority of the mortgage. Built-in upside, prime San Diego location, and multiple paths to add value, don't miss this one.

Location

60 52nd Street

San Diego, San Diego, CA, 92115