4354 38th Street, East San Diego, CA 92105

$1,795,000
6
BD
Sold Price
$1,795,000
List Price
$1,895,000
Closing Date
Jan 31, 2018
Days on Market
17
Status
SOLD
MLS#
170060930
Bedrooms
6
Lot Size(apprx.)
5,286
City
East San Diego
Property Type
Multifamily

Property Description

Located in the high-demand Metro San Diego rental market, this 8 unit building offers tremendous income upside for long-term hold. Situated on a 6,254 square foot lot, with a mix of four 2 bedroom / 1 bath units and four 1 bedroom / 1 bath units. On site laundry room, 12 parking spaces inclusive of 4 garages and secured courtyard entry for all. This is an ideal property for investor seeking asset in high-demand rental market with predictable cash flows and relatively immediate upside to rental revenue with proper management going forward.

Additional Information

Construction
Drywall, Frame, Stucco
Cooling
Wall/Window
Financing
Cash to New Loan
Gross Scheduled Income Actual
8
Hoa
Yes
Home Owner Fees
$1
Laundry
Leased
Lot Size
5,286
Roof
Tar & Gravel
Stories
2 Story
Style
Com-Res Income

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Big Block Realty, Inc.

Selling Office: Acre Investment Real Estate.

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