4209 15 49TH ST., SAN DIEGO CA 92115

  • 6,169 sq.ft. lot
offered at $1,590,000
MLS#:250028724SD
Status: Active // Property Type:
Project/Tract: San Diego // County: San Diego // Year Built: 1953

Property Description

Investor Alert! Upgraded 4-Unit Building with 4 Garages & Laundry Room! Excellent opportunity to own a turn-key 4-unit multifamily property with strong existing cash flow and future upside potential. Each unit has been upgraded and includes stove, dishwashers, microwaves & refrigerators. The building features 4 private garages, a commercial laundry room, New 400 amp main panel with 6 meters (2 unused for future use).   All electrical is new including new interior subpanels & wiring in each unit. Unit mix: 1- 3 bed/1 bath ($2285/mo), 2- 2 bed/1 bath ($1770 & $1775/mo), and 1- 1 bed/1 bath ($1795/mo). Laundry provides extra income ranging between $300-400/mo and that income is not included in the stated NOI. This property is always rented and ideally situated near schools & public transportation, making it a consistent performer in one of San Diego’s most desirable rental areas. With room to increase rents, this is a perfect addition to any portfolio for long-term, stable income, or a great owner-occ with a beautiful 3 bed unit above the garages. Don’t miss out on this great opportunity!

Listing Courtesy of Erin McLain, M2 Real Estate & Consulting

Interior Features

Heating: Natural Gas

Exterior Features

Roof: Composition
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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