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

3

Building size

2,400 sqft

Lot size

10,890 sqft

Year built

2000

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

5

MLS #

247274432

About this property

Rate too high? The seller is willing to provide a closing cost credit to help buy down your rate and reduce your monthly payment! Welcome to a rare multi-unit property featuring three separate 2-bedroom, 1-bath residences on one lot with a private yard, offering flexibility, income potential, and future upside. This property is well-positioned for investors, owner-occupants, or buyers looking to add value over time. Major capital improvements have already been completed, including a brand-new roof, new windows throughout, and newly paved asphalt parking, reducing near-term maintenance expenses. Each unit is individually metered for water, electricity, and gas, allowing for efficient management and simplified utility billing. The layout provides strong functionality with each residence maintaining its own private living space, making the property ideal for long-term rentals or multi-generational use. The lot configuration also presents an excellent opportunity to maximize the property’s potential by adding additional units or pursuing future expansion, subject to buyer verification and local approvals. Conveniently located near freeways, shopping, schools, and public transportation, this South San Diego property offers a solid foundation today with meaningful upside for tomorrow.

Location

1877 Donax Avenue

San Diego, San Diego, CA, 92154