Multifamily For Sale • 1,300 SF
Fully renovated 4BR 2BA home featuring a brand new roof, full ABS plumbing upgrade, electrical upgrades, new solar (paid), and much more! |
Not a flipper lipstick deal! All upgrades done meticulously through permits and city inspections, with final sign off |
Permit Ready plans included in sale to build two new construction 3BR 3BA units which will add tremendous new equity to the property |
Once constructed, projected underwriting yields roughly $700,000 of new equity for a buyer to capture (see enclosed) |
Perfectly suited for any owner occupant (FHA, VA, conventional) buyer, as well as an investor looking for a turnkey property with HUGE upside |
Amazing National City location just 10 mins to downtown San Diego, and 6 mins to the tremendous National City Bayfront development project |
Cap Rate: | 3.80 % |
Total Expenses: | $25,992 USD |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) | 9 min | - | 5.6 mi |
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) | 11 min | - | 8.7 mi |
Transit/Subway | Drive | Walk | Distance |
8Th Street (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) | 2 min | 19 min | 1.0 mi |
Airport | Drive | Walk | Distance |
San Diego International | 12 min | - | 8.1 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 1 |
Type: | Surface |
Included in Rent: | Yes |