$1,722,000
$1,695,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/20/2021
Key Details
Sold Price $1,722,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Middletown
MLS Listing ID 210018488
Sold Date 08/20/21
HOA Y/N No
Year Built 1926
Property Description
Turnkey 4-unit Investment Property on Laurel in Bankers Hill! Immaculate bay & city views. Zoned R-3, with current use as “Multi Family 10 Units or Less.” Pride-in-ownership visible throughout the property which consists of 4, fully furnished 520 sq ft units with 2 bedrooms, 1 bath and a full kitchen in each. All residences are in the main building and there are two expansive backyards on the property. The interiors have been recently remodeled and a new laundry & storage area has been added along with many landscaping upgrades. Rental agreement in place with CareFree until Nov 2021 @ $8,500 / month. Buyer has the option to extend this agreement, or to manage themselves. With a walk score of 87, tenants only need to walk 5 minutes to all Little Italy restaurants, Balboa park, and the Embarcadero. Number of Furnished Units: 4
Location
State CA
County San Diego
Area 92101 - San Diego Downtown
Zoning RM 3
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5330540600
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with Jeff Larabee • Larabee Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner