3860 45th St, San Diego, CA, 92105

USD 1,045,000
For Sale

Property Details

Bedrooms

6

Bathrooms

6

Property Type

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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