3626 32 Highland Ave, East San Diego, CA 92105

$1,300,000

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List Price
$1,300,000
Status
ACTIVE
MLS#
260017487SD
Year Built
1948
Lot Size
6,498
Acres
0.15
Lot Location
Sprinkler System
Days on Market
11
Property Type
Multifamily
Stories
Two Levels
Neighborhood
City Heights

Property Description

Are you looking for a solid investment property that just completed a 60-day tune-up? Check out these FOUR UNITS that strike a rare balance between generating market rents immediately and having solid upside potential. The 2-br feels like your own house (with yard for a dog) and it's paired with another ground-floor 1-br unit - plus there are two 1-br units over the four single-car garages (convert to ADUs?). This summer's upgrades include interior and exterior paint, refinished hardwoods, new toilets, vanities, sub-panels, electrical outlets/GFCIs, termite clearances, newer windows, two new furnaces, plus all kitchens and baths have refinished countertops, sinks, and tubs! These units are fresh and ready, providing a true turnkey opportunity for the new owner & tenants. These workhorse units should be pumping out $100,000+ per year in no time! Or live here. Porforma rents = $102,000 annually.

Additional Information

Appliances
Gas Water Heater
Pool Description
None
Heat
Baseboard, Natural Gas
Cooling Description
None
View
None
Roof
Composition
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$102,000

Listing courtesy of Listing Agent: Jim Klinge (klingerealty@gmail.com) from Listing Office: Compass.

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.