5
Beds
4
Baths
2,480
Sq. Ft.
0.08
Acre Lot
Seize a VERY RARE investment opportunity in the heart of Pacific Beach with this exceptional offering priced at only $1.895M, breaking down to approximately $473K per door! This unique property encompasses a great unit mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from popular restaurants, cozy coffee shops, Trader Joe's, and the serene bay. The property also boasts quick freeway access, enhancing its appeal to potential renters. With impressive curb appeal, this investment generates a gross income of $113,628 and a net operating income (NOI) of $83,774 currently operating at a satisfying 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also up for grabs - 2041 & 2045 Garnet, presenting an even bigger opportunity in this coveted area. Don't miss out on this exceptional chance to own a piece of Pacific Beach.
240010095
Residential - Multi-Family, 1 Story
5
4 Full
1980
San Diego
0.08
Acres
1
Stucco
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Loading...
Arrows indicate 90 day trend
Loading...
Courtesy: Monroe Herington, eXp Realty of California, Inc.
Agent License: 01930053
 |
|
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS. |