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$3,950,000
Est. payment /mo
7,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $506
MLS Listing ID 260009706
Lot Size 0.291 Acres
Lot Dimensions 115*109
Property Sub-Type Com-Res Income
Property Description
Discover a compelling value-add investment opportunity -- 11-unit residential Investment. Property perfectly positioned in the heart of Middletown, one of Metro San Diego's most sought-after and consistently resilient neighborhoods. This is your chance to acquire a property in a sub-market that continues to attract strong renter demand and long-term appreciation potential. RM-2-5 zoned corner lot offers significant upside potential for investors looking to increase current rents and through unit upgrades or explore future development possibilities. The property is well-maintained and functionally sound, providing stable in-place income while an investor executes their value-add strategy. Key features include a desirable unit mix with many units enjoying pleasant views, mature landscaping, abundant off-street tenant parking, triple-pane windows, a pitch composition roof, a carport with attached storage, and common laundry facilities — all set on an elevated lot that enhances privacy and street presence. Large Lot!
Location
State CA
County San Diego
Area Metro Uptown
Zoning RM-2-5
Interior
Heating Radiant, Wall
Cooling None
Flooring Tile, Vinyl
Fireplace No
Laundry Leased
Exterior
Parking Features Spaces, Other/Remarks
Carport Spaces 1
View Y/N No
Roof Type Composition
Total Parking Spaces 11
Building
Dwelling Type Apartment
Story 2
Others
Senior Community No
Tax ID 4516331000
Acceptable Financing Cash, Cash to Existing Loan
Listing Terms Cash, Cash to Existing Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/260009706
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Listed by Judy E Preston, DRE#02205944 JP Equity Real Estate Corp.
Nearby School & Business
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