225 35th Street
San Diego, CA 92102
- 6 beds
- – baths
- 2,159 sqft
- 5,247 sqft lot
- $731 per sqft
- 1949 build
- – on site
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
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Last updated Oct 7, 2024
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MLS# CRNDP2408975 —
The Building
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Year Built:1949
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Building Area Total:2159
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Building Area Units:Square Feet
Room Dimensions
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Living Area:2159
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Living Area Units:Square Feet
Location
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Directions:Use GPS.
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Lot Features:Level
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Lot Size Area:0.12
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Lot Size Acres:0.12
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Lot Size SqFt:5247
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Lot Size Units:Acres
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Exterior Features:Back Yard
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Zoning:R-2
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Parcel Number:5461260200
Listing Agent
- Contact info:
- Agent phone:
- (619) 550-8887
Beds
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Bedrooms Total:6
The Listing
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Virtual Tour URL Branded:http://www.22535thmultiunit.com
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Virtual Tour URL Unbranded:http://www.22535thmultiunit.com/mls/160128256
Appliances
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Laundry Features:Common Area
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/6/24
Oct 6, 2024
|
Listed / Active | BRIDGE | $1,580,000 | 110.7% (20.6% / YR) |
|
5/21/19
May 21, 2019
|
CRMLS_CA | $750,000 | -6.8% | |
|
4/7/19
Apr 7, 2019
|
CRMLS_CA | $805,000 |
