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$ 1,950,000
Est. payment | /mo
9 Beds
4 Baths
$ 1,950,000
Est. payment | /mo
9 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision College Park West (Cpw)
MLS Listing ID 260018509
Bedrooms 9
Full Baths 4
Year Built 2021
Property Sub-Type Res Income 2-4 Units
Property Description
Turn Key 2021 Renovation/construction student rental property leased through August 1st 2027 for $12,900 per month at a 5.6% Cap rate WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 5bed/2ba, ADU in back is a 4bed/2ba. All market rate no deed restrictions! Prime location short walk to the SDSU campus and Aquaplex & fields. This property usually rents 8-11 months in advance each year due to desirable layout, finishes, and proximity to campus. 3 off street parking spots plus 8 street parking permits (4 per address). In unit washer dryers
Location
State CA
County San Diego
Area Metro Uptown
Interior
Heating Other/Remarks
Cooling Central Forced Air
Fireplace No
Exterior
Fence Other/Remarks
View Y/N No
Roof Type Other/Remarks
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 462-201-10-00
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Alexio Barbara, DRE#01992393 Bridgepoint Realty Inc
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