2985-87 54th St, San Diego, CA, 92105

USD 1,548,000
For Sale

Property Details

Bedrooms

10

Bathrooms

6

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 10 • Bathrooms: 6 • Square Feet: 2989 • Lot/Size: 5,975 sqft lot

Description: Turnkey 4-Unit Investment Opportunity – Fully Remodeled! Indoor laundry, A/C & heat in all units. Ideal for investors seeking a stabilized asset w/ minimal deferred maintenance. Realistic projection will generate approx $10,250/mo ($123k yr) offering a compelling GRM of 12.6 & 5.85% Cap Rate at list price. Unit mix is three 3-bedroom units & one 1-bedroom unit. Units have not been previously occupied post-renovation, providing a true turnkey opportunity for new owner & tenants. Professionally managed & currently advertising for tenants w/ projected operating expenses of approx 26.5%, including transferrable 6.5% management fee, supporting a solid investme

Location

Address

2985-87 54th St, San Diego, CA, 92105

City

San Diego

Features and Finishes

Year Built: 1951; [object Object]; [object Object]; [object Object]

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