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909-224-5786
Realty One Group West
1729 33 Dahlia, Otay Mesa, CA 92154
- $850,000
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 260026147SD
- Year Built
- 1943
- Lot Size
- 8,278
- Acres
- 0.19
- Days on Market
- 1
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Imperial Beach
Property Description
3 Units!!! Motivated Seller! Rare opportunity to own a high income producing investment property with strong cap rate potential. The property consists of two legal units and one additional unit with unknown permit status, for a total of three units.The front unit is a 2 bedroom 1 bathroom approximately 600 square feet. The main unit is a 2 bedroom 2 bathroom approximately 700 square feet and has just been fully remodeled. It is currently vacant and ready for a new tenant at market rent. The rear unit is a 1 bedroom 1 bathroom approximately 300 square feet with permit status unknown.Two units are currently occupied, providing immediate rental income, while the vacant unit offers upside potential for increased cash flow.Zoning allows for up to four units. The seller has already worked with an architect to prepare plans for future expansion, which are available for review.This is an excellent opportunity for investors looking for strong current income with additional development upside.
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Additional Information
- Appliances
- Gas Water Heater
- Pool Description
- None
- Heat
- Natural Gas
- Cooling Description
- None
- View
- None
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Ryan Khayamian (ryan@bluxen.com) from Listing Office: Bluxen, Inc.
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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.