San Diego, CA 92113,1626 Una Street
San Diego, CA 92113,1626 Una Street
San Diego, CA 92113,1626 Una Street
$1,294,000
Est. payment /mo
$1,299,000
0.4%
Est.Price: ?

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8 Beds
4 Baths
700 SqFt
SOLD DATE : 11/25/2024

Key Details

Sold Price $1,294,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $1,848

Subdivision San Diego

MLS Listing ID 240024687

Sold Date 11/25/24

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1960

Property Description

Unlock a lucrative investment with this exceptional four-unit multi-family property, strategically located in a working-class neighborhood with endless demand. This well-maintained building features all two-bedroom, one-bath apartments, making it an attractive choice for a diverse range of tenants. The property is strategically located near all major freeways and is just minutes from downtown San Diego, ensuring high demand for rental units. Tenants are responsible for ALL utilities, reducing operational costs and increasing net income. The property also features 6 off street parking spaces and laundry facilities. Current ownership has recently made significant plumbing upgrades, painted the exterior and installed a new gutter system. The property generates a 5.5% cap rate at the asking price with potential to push rents even further, maximizing your investment return. Recent renovations have minimized upkeep, allowing for a hassle-free ownership experience. This is a fantastic opportunity for both seasoned investors and those looking to enter the multi-family market. Don't miss your chance to capitalize on this profitable venture!

Location

State CA

County San Diego

Community San Diego

Area Logan Heights (92113)

Exterior

Exterior Feature Stucco

Fence Full

Roof Type Other/Remarks

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange, FHA, VA, Other/Remarks

Space Rent $2,051

Listing Terms Cash, Conventional, Exchange, FHA, VA, Other/Remarks

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Josh Browar • The Browar Group
Bought with Teresa Adams • Sunshine Properties RealEstate
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