3860 45th St, San Diego, CA, 92105
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Property Details
6
6
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 6 • Bathrooms: 6 • Square Feet: 2800
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
Address
3860 45th St, San Diego, CA, 92105
City
San Diego
Features and Finishes
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