$1,355,000
$1,325,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
4 Baths
912 SqFt
SOLD DATE : 04/03/2025
Key Details
Sold Price $1,355,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 912 sqft
Price per Sqft $1,485
Subdivision Encanto
MLS Listing ID 250018795
Sold Date 04/03/25
Bedrooms 12
Full Baths 4
HOA Y/N No
Year Built 1959
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Investment Opportunity – 5% current CAP rate. We are pleased to present a well-maintained four-unit property on a desirable corner lot in San Jacinto. Each of the (4) units features 3 bedrooms and 1 bath, offering a total of 3,648 sq. ft. of livable space. Recent upgrades include a newly renovated exterior, refreshed landscaping, an updated laundry room, and new electrical sub-panels. The property also offers four off-street parking spaces. With strong rental demand and room for future growth, this property is perfect for investors looking to maximize returns. Don't miss this exceptional opportunity! The neighborhood of Encanto is in southeastern San Diego, known for its hilly terrain, open spaces, and suburban feel. It offers a mix of single-family homes, low density apartments, parks, and local amenities, with convenient access to public transportation and major freeways. The area provides a quieter atmosphere while still being close to downtown San Diego
Location
State CA
County San Diego
Community Encanto
Area Encanto (92114)
Interior
Cooling Other/Remarks
Exterior
Exterior Feature Wood/Stucco
Fence Partial
Community Features Laundry Facilities
Complex Features Laundry Facilities
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, FHA, Other/Remarks
Space Rent $2,075
Listing Terms Cash, Conventional, FHA, Other/Remarks
Financing VA
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Bought with Twana Rasoul • Compass
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Partner | Lic# DRE# 01133184