Commercial-res IncomeFor Sale Price $3,000,000 2250-54 Garnet Ave, San

2250-54 Garnet Ave, San Diego, California 92109

2 Bedrooms
0.14 Sqft
Active
$3,000,000
Listing ID #220016929
Property Description

Fully renovated, and rented. Immediate cash flow! All units are 2bed/1baths. Bungalow (Detached) 929sf w/ private laundry. Four-Plex has 2 units on first level and 2 units on second level. First level units are 646sf each – Second level units are 722sf each. Renovations include new waterproof flooring throughout, new kitchen cabinets, quartz countertops, new appliances, new built-ins throughout, upgraded electrical. Two of the five units were updated in the past 6 years. Three of the five units were renovated (2022) throughout. Additional renovations completed by the seller: Exterior paint, roof replacement, updated electrical, hedge trimming, parking space expansion, Hardscape cleaning, Laundry room renovation. Zoning may allow additional non-residential uses. See zoning info in documents tab. All units are rented – two units are on month to month and below market rent (raised this year). Three units are in 12 month leases (expire 2023). Opportunity to increase revenue: Units 2254 & 2254 1/2 are below market rent on Month to Month (Increase annual income ~$19,800), add coin laundry to increase revenue, add water meters.

Basic Details
Property Type : Commercial-res Income
Listing Type : For Sale
Listing ID : 220016929
Price : $3,000,000
Bedrooms : 2
Lot Area : 0.14 Sqft
Status Category : Active
 
Address Map
US
California
SD
San Diego
PACIFIC BEACH (92109)
92109
Garnet Ave
2250-54
W118° 46' 16.3''
N32° 48' 9.4''
Additional Info
Realty and Design of San Diego
Daniel
Chiara
07-09-2022 16:02:21
68
CO-1-2
.25 Acres or less
5
Click Here
6,241 Sqft
416-563-17-00
0
5
77
600000
3817
3000000
0
0
0
0
0
0
0
0
0
0
12950
0
5
0 Sqft
0 Sqft
155400.0
Contact Agent
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