3860 45th Street, San Diego, CA 92105
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3860 45th Street, San Diego, CA 92105
3860 45th Street, San Diego, CA 92105
3860 45th Street, San Diego, CA 92105
3860 45th Street, San Diego, CA 92105
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Kyle Taylor

Kyle Taylor

+1(619) 318-8178
$ 1,045,000
Est. payment /mo
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Pending

3860 45th Street San Diego, CA 92105

6 Beds

6 Baths

2,800 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Pending

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $373

MLS Listing ID 260010557

Bedrooms 6

Full Baths 6

Property Sub-Type Com-Res Income

Property Description

5 Units in City Heights. This is the best-priced deal on the market, low $/Unit at only $209K/Unit with a strong in-place 6.32% Cap Rate and 10.44 GRM w/ upside. With many recent upgrades, this offering boasts a strong in-place cap rate with future upside my updating a couple of the units. The unit mix consists of a 2Bedroom/2Bathroom unit, a spacious detached 1Bedroom/1Bathroom house, two 1Bedroom/1Bathroom units that are in a stacked two-story structure in the middle of the property and a smaller 1Bedroom/1Bathroom unit in the rear of the property. ProForma Cap Rate: 7.34% and ProForma GRM: 9.36

Location

State CA

County San Diego

Community Other/Remarks

Area Metro Uptown

Zoning CUPD-CT-5-

Direction South of University Ave - City Heights

Interior

Heating Other/Remarks

Cooling Other

Flooring Other/Remarks

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Roof Type Composition

Total Parking Spaces 2

Building

Dwelling Type Apartment,Other/Remarks

Story 2

Others

Senior Community No

Tax ID 471-571-24-00

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/260010557

MLS Router / San Diego MLS
Listed by James V Carter, DRE#01352336 Apartment Realty Group (ARG) 
Kyle Taylor

Kyle Taylor

Agent | License ID: 02248040

+1(619) 318-8178

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