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$1,225,000
Est. payment /mo
UPDATED:
02/06/2025 06:33 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision City Heights
MLS Listing ID 250018250SD
HOA Y/N No
Year Built 1925
Property Description
Presenting an exceptional investment opportunity on Euclid Ave in San Diego, CA, this 4-unit property offers great rental potential in a prime location. The property features a spacious two-bedroom front house, complemented by a newly built ADU and two additional units. Made up of 4 separate structures, it provides enhanced privacy and flexibility. With rents already almost at market levels, this property promises strong rental income potential. Current monthly income is $6,628 (including rent increases taking place 3/1). One studio is a new construction garage conversion, while the other is a newly constructed ground-level studio. The 2bd/1ba and 1bd/1ba units offer value-add potential for further growth. There is a long driveway for convenient parking, and the back units are securely enclosed by a gate for added privacy. Situated in a sought-after San Diego neighborhood, this property is close to schools, shopping, dining, and offers easy access to major highways, making it a highly desirable location. Don't miss out on this unique opportunity!
Location
State CA
County San Diego
Area 92105 - East San Diego
Building/Complex Name City Heights
Interior
Cooling None, See Remarks, Wall/Window Unit(s)
Fireplace No
Exterior
Fence None, Partial
View Y/N No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4714922300
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Listed by Jason Lee • JLM Real Estate Inc