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
AVG $1.03M
$1.01M
Visits
AVG 34
81
Walkscore
AVG 73
72
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.