$1,150,000
$1,200,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
4045 47th Street San Diego, CA 92105
1 Bed
2 Baths
3,123 Sqft Lot
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision City Heights
MLS Listing ID NP22032624
Bedrooms 1
Lot Size 3,123 Sqft
Property Description
Property is a 4+2 units and is to be sold as is. Title states the building is a 5 unit apartment, Seller states it is a 4+2 unit property totaling 6 units all with individual doors. Property offers a new roof completed 2 years ago, recent new paint job with some of the units have been upgraded to include granite counter tops, new cabinets and vinyl wood flooring. The property was constructed in 1985 and offers approximately 20% upside in rents, stabilizing at a 5.76%. CAP rate.
Property is a 4+2 units and is to be sold as is. Title states the building is a 5 unit apartment, Seller states it is a 4+2 unit property totaling 6 units all with individual doors. Property offers a new roof completed 2 years ago, recent new paint job with some of the units have been upgraded to include granite counter tops, new cabinets and vinyl wood flooring. The property was constructed in 1985 and offers approximately 20% upside in rents, stabilizing at a 5.76%. CAP rate.
Location
State CA
County San Diego
Community City Heights
Area East San Diego (92105)
Zoning Public Rec
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 2
Others
Acceptable Financing Exchange
Space Rent $1,188
Listing Terms Exchange
Read Less
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Bought with Terry Moore • Apartment Consultants, Inc.