$999,000
For Sale

3895 Ocean View Boulevard

San Diego, CA 92113
0.09 acres | #SW24166114
Listing OfficeHallway Realty
Browse 27 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Welcome to this refurbished three unit investment property near down town San Diego. All three units have new wood laminate flooring, new appliances, new granite counters, and paint. Unit mix consists of a top unit that is a 3 bedroom, 1 bathroom (est 995 sqft). There is a 1 bedroom, 1 bathroom (est 460 sqft) and a 2 bedroom, 1 bathroom (est 651 sqft) on the first floor. All units are separately metered. Current rents are well below market rates.The property offers excellent potential for long-term growth, with the opportunity to increase value by adjusting rents to market rates. The pro forma cap rate with these adjustments is estimated to be in the 7-8% range, making this an attractive investment opportunity.

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected
      • Lot DescriptionTwoToFiveUnitsAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$1,165,000
      • MLS #SW24166114
      • MLS #SW24166114
      • CountySan Diego
      • SubdivisionDowntown
      • Property SubtypeTriplex
      • Acres0.0861
      • Utility SourcePublic
      • Cost999000
      • Year Built1913
      • Stories2

Location

Amber RomoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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