225 35th Street
$1,580,000
6
4
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Description
EXCELLENT 4 UNIT CASH FLOW MULTI UNIT OPPORTUNITY Strong cash flow. Strong cap rate. Don't miss a special opportunity to own a strong cash flow investment multi unit just south of Metro San Diego. The large 5,247 square foot lot provides plenty of room for 3 buildings that house 4 units. The unit make up is comprised of 2 2 bedroom/2 bathroom homes at 615 and 590 square feet each. Each unit has a good sized full kitchen and bathroom as well as full closets and storage. Additionally, there are 2 1...EXCELLENT 4 UNIT CASH FLOW MULTI UNIT OPPORTUNITY Strong cash flow. Strong cap rate. Don't miss a special opportunity to own a strong cash flow investment multi unit just south of Metro San Diego. The large 5,247 square foot lot provides plenty of room for 3 buildings that house 4 units. The unit make up is comprised of 2 2 bedroom/2 bathroom homes at 615 and 590 square feet each. Each unit has a good sized full kitchen and bathroom as well as full closets and storage. Additionally, there are 2 1 bedroom 1 bathroom units at 495 square feet each with full kitchens and bathrooms, good sized closets and extra storage. The units and buildings are very well built and maintained and each are metered separately. The property features on site laundry and security gates. The lot is flat and easily maintained with a perfect mix of hardscaped courtyards and beautiful drought tolerant mature trees and flowering bushes. Each unit is tenant occupied and the property has a vacancy rate of zero and attractslong term tenants. The property has a strong cash flow, room for upside, and runs with extremely low operating costs. Call agent for full Offering Memorandum, current rent roll, pro forma rent roll, and cap rate possibilities. This property is situated within a Federal Opportunity Zone which will provide its owner with a myriad of tax benefits and economic incentives. This is a perfect multi unit opportunity for both new and seasoned investors alike. Own a special piece of San Diego and let this property bring you great returns.
- Listed by Tanya Parks • DRE #01961090 • Brokerage DRE #01527365 • Compass
Property Details for 225 35th Street
Neighborhood
San Diego
City Postal IDSAN DIEGO (92102)
LISTING UPDATED: 10/07/2024 04:32 AM
Property Details for 225 35th Street
Status | Active |
---|---|
MLS # | NDP2408975 |
Days on Market | 78 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 2-4 Units |
Year Built | - |
Lot Size | 0.12 AC / 5,248 SF |
County | San Diego County |
Building Information for 225 35th Street
Stories1Residences-Year Built-Building Size-Lot Size0.12 AC / 5,248 SF
Property Information for 225 35th Street
Property History for 225 35th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 225 35th Street
Taxable ValueLand$382,500Additions$382,500Total$765,000
Tax Record2020$9,450 ($788 / month)
Home Facts
Total Finished SqFt1,792 SqFtAbove Grade Finished SqFt1,792 SqFtLot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1949Year Renovated1949ZoningR2CountySAN DIEGOAPN5461260200
Schools near 225 35th Street
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 3 to 5 |
Rating | School | Distance |
---|---|---|
Chollas/Mead Elementary School PublicK to 5 | ||
Millennial Tech Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
King-Chavez Athletics Academy Charter3 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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