2985 54Th St, San Diego, CA 92105
2985 54Th St, San Diego, CA 92105
2985 54Th St, San Diego, CA 92105
37
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$1,498,000
Est. payment /mo
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5,976 Sqft Lot
Price Dropped by $50K

2985 54Th St San Diego, CA 92105

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Sandy Rodriguez

Sandy Rodriguez

+1(619) 309-7405

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 260008464SD

HOA Y/N No

Year Built 1951

Lot Size 5,976 Sqft

Property Description

Turnkey 4-Unit Investment Opportunity – Fully Remodeled! Indoor laundry, A/C & heat in all units. Ideal for investors seeking a stabilized asset w/ minimal deferred maintenance. Realistic projection will generate approx $10,250/mo ($123k yr) offering a compelling GRM of 12.25 & 6%+Cap Rate at list price. Unit mix is three 3-bedroom units & one 1-bedroom unit. Units have not been previously occupied post-renovation, providing a true turnkey opportunity for new owner & tenants. Professionally managed & currently advertising for tenants w/ projected operating expenses of approx 26.5%, including transferrable 6.5% management fee, supporting a solid investment profile. Located in a high-demand rental corridor of San Diego w/ convenient access to mass transit, major freeways, churches, shopping & SDSU only 3.5 miles away.

Location

State CA

County San Diego

Area 92105 - East San Diego

Building/Complex Name Furlow Heights

Zoning R-3:RESTRI

Interior

Heating Combination, Electric

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Tankless Water Heater

Exterior

Pool None

View Y/N Yes

View None

Roof Type Composition

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4773410100

Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/260008464

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Mark Revetta OnQu Realty #01248164

NEARBY SCHOOL & BUSINESS

Sandy Rodriguez
Sandy Rodriguez

Real Estate Professional | License ID: 01908969

+1(619) 309-7405 | sandy@sandysellssocal.com

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2985 54Th St

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