$1,250,000

4321 Euclid Ave

San Diego CA, 92115

Description

4321-29 Euclid Ave is a 5 unit apartment building that was fully remodeled in 2016 when the current owner purchased the property. The plumbing, electrical, exterior paint, and interior units were all upgraded. The property has a favorable unit mix of 4 x 2 bed/1 bath units and 1 x 3 bed/2 bath unit. The property also has five garages that are currently being used by the owner and not the tenants so there is value add potential to add ADU's to the property. A buyer can purchase this property at a 5.4% Cap rate going in and has upside up to a 6.6% Cap.

Details

MLS#210006252
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Days On Site67

Features

Units5
Water FrontNo

Market Activity 92115

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Area Information
StateCA
CountySan Diego
CitySan Diego
Zip Code92115
Area92115 - San Diego
Listing VS Median (in 92115)
Price:
$1,250,000
low | high
Med:
$669,000
96.48% of Average
On Site:
67
low | high
Med:
185
36.216216216216% of Average
Sourced by Back At You
Listing Updated: May 7, 2021 3:48:54 AM PDT
Jason Lee LogoMLS Number: 210006252
Listing Provided By:
Jason Lee  of  South Coast Commercial Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.