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

Lot size

6,250 sqft

Year built

1960

Stories

1

Heating

Natural Gas

Cooling

None

Status

Active

Days on market

9

MLS #

247912410

About this property

ESTATE SALE — RARE BEACH-AREA MULTI-UNIT OPPORTUNITY! A unique opportunity to own a property that has been in the same family for many decades. The property features a charming 2-bedroom, 1-bath front cottage with fireplace and washer/dryer hookups, plus a separate rear duplex with each unit offering 1 bedroom and 1 bath. The property also includes a tandem garage offering flexible storage or parking potential, along with four additional off-street parking spaces — two adjacent to the driveway, one in front of the garage, and one accessible from the rear alley. Currently zoned RM-3-7, offering potential for future redevelopment. Buyer to independently verify zoning, development potential, and permitted uses with the City of San Diego. All tenants are currently on month-to-month tenancies, providing potential flexibility for an investor or owner-user. Ideally situated in a desirable beach-area location, close to the beach, shopping, schools, freeway/interstate access, medical facilities, and downtown. Just two blocks from the Ryan Family YMCA. A rare combination of three separate living units, substantial off-street parking, flexible storage, and future potential in a convenient beach-area location. ESTATE SALE — RARE BEACH-AREA MULTI-UNIT OPPORTUNITY! A unique opportunity to own a property that has been in the same family for many decades. The property features a charming 2-bedroom, 1-bath front cottage with fireplace and washer/dryer hookups, plus a separate rear duplex with each unit offering 1 bedroom and 1 bath. The property also includes a tandem garage offering flexible storage or parking potential, along with four additional off-street parking spaces — two adjacent to the driveway, one in front of the garage, and one accessible from the rear alley. Currently zoned RM-3-7, offering potential for future redevelopment. Buyer to independently verify zoning, development potential, and permitted uses with the City of San Diego. All tenants are currently on month-to-month tenancies, providing potential flexibility for an investor or owner-user. Ideally situated in a desirable beach-area location, close to the beach, shopping, schools, freeway/interstate access, medical facilities, and downtown. Just two blocks from the Ryan Family YMCA. A rare combination of three separate living units, substantial off-street parking, flexible storage, and future potential in a convenient beach-area location.

Location

4450 Montalvo Street

San Diego, San Diego, CA, 92107