CA
San Diego
San Diego
92102
225 231 35th Street St
225 231 35th Street St, San Diego, CA 92102
Listing Type
other
Listing Status
active
17
$1,580,000

Home Details for 225 231 35th Street St

Price
$1,580,000
Type
Residential Income
Bedrooms
0
Bathrooms
0.0
Square feet
2159
Year built
1949
Lot size acres
0.1205
County
San Diego
Garage
0.00
Days on site
105
MLS Listing#
NDP2408975
Listing courtesy: Compass - 858-345-4514
Property Description

EXCELLENT 4 UNIT CASH FLOW MULTI UNIT OPPORTUNITY Strong cash flow. Strong cap rate. Don't miss a special opportunity to own a strong cash flow investment multi unit just south of Metro San Diego. The large 5,247 square foot lot provides plenty of room for 3 buildings that house 4 units. The unit make up is comprised of 2 2 bedroom/2 bathroom homes at 615 and 590 square feet each. Each unit has a good sized full kitchen and bathroom as well as full closets and storage. Additionally, there are 2 1 bedroom 1 bathroom units at 495 square feet each with full kitchens and bathrooms, good sized closets and extra storage. The units and buildings are very well built and maintained and each are metered separately. The property features on site laundry and security gates. The lot is flat and easily maintained with a perfect mix of hardscaped courtyards and beautiful drought tolerant mature trees and flowering bushes. Each unit is tenant occupied and the property has a vacancy rate of zero and attracts long term tenants. The property has a strong cash flow, room for upside, and runs with extremely low operating costs. Call agent for full Offering Memorandum, current rent roll, pro forma rent roll, and cap rate possibilities. This property is situated within a Federal Opportunity Zone which will provide its owner with a myriad of tax benefits and economic incentives. This is a perfect multi unit opportunity for both new and seasoned investors alike. Own a special piece of San Diego and let this property bring you great returns.

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Property Features
  • Heating Information
    • None
. Presented by: Tanya Parks
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-08 21:25:31 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
CA DRE# 01924483. Shawn Sorensen broker.
Karen Totty
REALTOR
Office
951 639 8777
Agent
951 970 5087
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