$1,200,000
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5,000 Sqft Lot
SOLD DATE : 07/15/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2403145
Sold Date 07/15/24
HOA Y/N No
Year Built 1954
Lot Size 5,000 Sqft
Property Description
Inviting Triplex Investment Opportunity on BIG Corner Lot Discover the perfect investment opportunity with this recently renovated and maintained triplex nestled on a big corner lot. Each unit features laminate vinyl flooring, shaker kitchen cabinets with quartz countertops, and freshly painted interiors. Enjoy energy efficiency with new double-pane windows and individual mini-split systems in each unit. Tiled bathrooms add a touch of luxury, while the communal laundry area and shared backyard between units enhance convenience and outdoor living. Featuring a brand new 2024 built garage conversion boasting a 1 bed 1 bath unit. Prime location close to amenities and transportation. Don't miss out on this turnkey investment opportunity! Currently Rented at $2,450 for 2bed/1 bath & $1,700 for 1bed/1bath for a total of $6,600 gross net income, potential to increase rents.
Location
State CA
County San Diego
Area 92114 - Encanto
Zoning RS-1-7
Interior
Fireplace No
Appliance Washer
Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Outside
Exterior
Pool None
Community Features Rural, Sidewalks
View Y/N No
Private Pool No
Building
Lot Description Yard
Story 1
Sewer Public Sewer
Others
Senior Community No
Tax ID 5810200900
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
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Bought with Milad Shahin • Milad Shahin, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States