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

2

Lot size

8,278 sqft

Year built

1943

Stories

1

Heating

Natural Gas

Cooling

None

Pool

None

View

None

Status

Active

Days on market

0

MLS #

249138111

About this property

3 Units!!! Motivated Seller! Rare opportunity to own a high income producing investment property with strong cap rate potential. The property consists of two legal units and one additional unit with unknown permit status, for a total of three units.The front unit is a 2 bedroom 1 bathroom approximately 600 square feet. The main unit is a 2 bedroom 2 bathroom approximately 700 square feet and has just been fully remodeled. It is currently vacant and ready for a new tenant at market rent. The rear unit is a 1 bedroom 1 bathroom approximately 300 square feet with permit status unknown.Two units are currently occupied, providing immediate rental income, while the vacant unit offers upside potential for increased cash flow.Zoning allows for up to four units. The seller has already worked with an architect to prepare plans for future expansion, which are available for review.This is an excellent opportunity for investors looking for strong current income with additional development upside.

Location

33 Dahlia

San Diego, San Diego, CA, 92154