This exceptional 9-unit multi-family investment offers strong income potential with significant upside. Situated on two separate lots with independent APNs, the property consists of three buildings: four 1-bedroom, 1-bath units, four 2-bedroom, 1-bath units, and a charming stand-alone bungalow with a bonus room/spare bedroom/den, that can be used by an owner to manage the units. The majority of units have been updated. The property remains consistently occupied with stable, long-term tenants and is currently rented well below market, presenting a fantastic value-add opportunity. Ideally located on a tree-lined street in a quiet yet convenient neighborhood near UCSD Medical Center, Scripps Mercy Hospital, shopping, restaurants, and major freeways. This well-positioned asset ensures high tenant demand and long-term growth. Don’t miss out on this exceptional investment.
PropertiesMorgan Scott2024-05-10T12:24:32+00:00
Property Description
Features
: Wall Furnace
: Wall/Window Unit(s)
: Wood, Block
: Spaces
: Wood, Concrete, Vinyl
: Leased
Appliances
: Refrigerator
Address Map
US
CA
SD
Mission Hills
92103
3rd Ave
4209-4221
W118° 50' 16.8''
N32° 45' 14.9''
Metro Uptown
R-4
Additional Info
Berkshire Hathaway HomeServices California Properties
Additional Information
: None
: Stucco, Drywall, Frame
: Two
9
2
https://www.propertypanorama.com/instaview/snd/250019118
Listing Information
800725
618914
60833
ACTIVE
2025-02-21T23:31:08Z
sdmls
: N/K
3 Bedrooms
$3,750,000
Listing ID #250019118
Basic Details
Property Type : Residential Income Additional
Listing Type : For Sale
Listing ID : 250019118
Price : $3,750,000
Bedrooms : 3
Status : Active
Property Sub Type : Com-Res Income
Roof : Composition, Other
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