Price Reduction
Address
734 S 46th St San Diego, CA
Price
$ 1,010,000
Property Attributes
- MLS#PTP2000812
- TypeMulti-Family
- CountySAN DIEGO
- CitySan Diego
- NeighborhoodMountain View
- Zip92113
- Style2-4 UNITS
- Price$ 1,010,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,116 SqFt
Listing Provided Courtesy Of:
Top Gun CRE
Property Description
*FINANCIALS ARE PRO-FORMA - CURRENT RENTS ARE SUBSTANTIALLY BELOW MARKET. See Marketing Package, Rent Roll (Documents). Value-add 5-unit apartment built 1955. Unit mix = (1) 2bed+2bath (roughly 800 SF), (2) 2bed+1bath (roughly 705 SF), (2) 1bed+1bath (roughly 550 SF). Roughly 45% upside. Ability to add laundry/storage income, and possibly convert 3 garages to ADUs? Units are dated, but well-maintained. New roof done 4 years ago. All new bathrooms in all units done in last 2-4 years. Has been owned long te *FINANCIALS ARE PRO-FORMA - CURRENT RENTS ARE SUBSTANTIALLY BELOW MARKET. See Marketing Package, Rent Roll (Documents). Value-add 5-unit apartment built 1955. Unit mix = (1) 2bed+2bath (roughly 800 SF), (2) 2bed+1bath (roughly 705 SF), (2) 1bed+1bath (roughly 550 SF). Roughly 45% upside. Ability to add laundry/storage income, and possibly convert 3 garages to ADUs? Units are dated, but well-maintained. New roof done 4 years ago. All new bathrooms in all units done in last 2-4 years. Has been owned long term in a family trust for almost 20 years. Larger lot with mature landscaping, trees, shade, and a grass lawn. (3) 1-car storage garages in the rear (allocated to 2-bedroom units), + additional common laundry/storage area with storage lockers and laundry hookups. Roughly 4-5 parking spaces in the rear, accessible via alley. 1 tenant has about 6-months remaining on current lease. All others month-month. Quiet, residential area w/ easy access to 805 freeway. Information deemed reliable, but not guaranteed. All buyers must take appropriate measures to verify all information set forth herewith.
| Price History | |
|---|---|
| 10/21/2020 | Listed $1,025,000 |
| 1/8/2021 | 2% - $1,010,000 |
General Features
| Neighborhood | Mountain View |
|---|---|
| Sale/rent | For Sale |
| Site | Curbs, Sidewalks |
| Terms | Cash, Conventional, Exchange |
| Total Units | 5 |
Exterior Features
| Irrigation | Sprinklers |
|---|---|
| Lot Size Area | 4, 000-7, 499 SF |
| Number of Buildings | 1 |
| Pool Y/N | N/K |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 92113
Price
Visits
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Based on information from California Regional Multiple Listing Service, Inc. as of January 16, 2021 5:18 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not tofurther 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 usein accordance with
