$1,845,000
$1,875,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/20/2019
Key Details
Sold Price $1,845,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Crown Point
MLS Listing ID 190016064
Sold Date 05/20/19
HOA Y/N No
Year Built 1986
Property Description
LOWEST PRICE PER SQUARE FOOT IN ALL OF 92109 ($389/ft)! We are pleased to offer this unique investment property a block and a half to Mission Bay. 3824-26 Shasta Street consists two 2br/2ba town homes and one 5br/2ba house. The 5br/2ba is currently being operated as two units (1-3br/1ba and 1-2br/1ba) as each have their own private entrances. There are 6 garages on site as well as off street parking. Select units contain washer/dryers in unit. All tenants are on MTM leases. With light cosmetic modifications and increased rents this property should operate at north of a 5% CAP rate in what is highly considered an A+ Location. Potential for short term rentals is through the roof. All units are unusually enormous and each unit comes with a garage (plus 2 additional garages). Neighborhoods: Crown Point Exterior: Wood/Stucco Other Fees: 0 Number of Furnished Units: 0 Topography: LL
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
Pool None
View Y/N Yes
View Bay
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Tax ID 4245310500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Josh Browar • The Browar Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "