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Key Details
Sold Price $1,355,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Encanto
MLS Listing ID 250018795SD
Sold Date 04/03/25
HOA Y/N No
Year Built 1959
Property Description
Prime Investment Opportunity – 5% current CAP rate. We are pleased to present a well-maintained four-unit property on a desirable corner lot in San Jacinto. Each of the (4) units features 3 bedrooms and 1 bath, offering a total of 3,648 sq. ft. of livable space. Recent upgrades include a newly renovated exterior, refreshed landscaping, an updated laundry room, and new electrical sub-panels. The property also offers four off-street parking spaces. With strong rental demand and room for future growth, this property is perfect for investors looking to maximize returns. Don't miss this exceptional opportunity! The neighborhood of Encanto is in southeastern San Diego, known for its hilly terrain, open spaces, and suburban feel. It offers a mix of single-family homes, low density apartments, parks, and local amenities, with convenient access to public transportation and major freeways. The area provides a quieter atmosphere while still being close to downtown San Diego
Location
State CA
County San Diego
Area 92114 - Encanto
Interior
Cooling See Remarks
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Lot Description Drip Irrigation/Bubblers
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5481813001
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing VA
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Bought with Twana Rasoul • Compass