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Description
First time on the Market!! Location, Location, Location!!! Value Add Potential for Investors. This 14 Unit Apartment complex is centrally located in Mission Hills between Bankers Hill and Hillcrest area of San Diego. Minutes from Balboa Park and Downtown San Diego. Property is fully leased, with 3 newly renovated units leased at Market Rent. Most of the units are below market rents, giving the new owner the ability to increase rents overtime and maximize the value. Ideal unit mix of 6 (2bed/2bath) and 8 (1bed/1bath). Each unit includes one detached garage. Property has 20 total garage spaces, with 6 of them collecting additional income. New exterior paint and improvements just completed at the property. Property is located minutes from 5 freeway and 163 freeway making it an ideal location with a dense and desirable rental market. This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area with great value add potential from maximizing to market rents. The close proximity to shopping, restaurants, major freeways and San Diegos best activities makes this property the ideal location for potential renters.
Location
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prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 21st March, 2023 12:15 AM (UTC)
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of
an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 21st March, 2023 12:15 AM (UTC)
