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2440-2448 E Broadway

San Diego, CA 92102
  • $2,250,000
  • STATUS: ACTIVE
  • ON SITE: 45 Days
  • ID#: 240010136
$2,250,000
  • 2
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Offered for sale is a six-unit residential income property located in Golden Hill, San Diego, California. This opportunity offers great value-add potential in a desirable location with proven rent growth and excellent cashflow potential at market rental rates. The property also benefits from 4 single car garages allowing for extra income potential from leasing the garages to current residents and/ or converting the existing garages to accessory dwelling units (ADUs). Residents enjoy a highly desirable, urban Golden Hill location at the entrance to Downtown San Diego. This locale grants its inhabitants a plethora of conveniences, including shipping, dining options, and entertainment opportunities.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. 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, non-commercial 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/150342450
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2440-2448 E Broadway San Diego, CA 92102

  • Price: $2,250,000
  • Status: ACTIVE
  • On Site: 45 Days
  • ID#: 240010136
2
Beds
3
Baths
0
½ Baths
N/A
Acres
Neighborhood:
San Diego (92102)
County:
San Diego
Area:
San Diego (92102)
Property Description
Offered for sale is a six-unit residential income property located in Golden Hill, San Diego, California. This opportunity offers great value-add potential in a desirable location with proven rent growth and excellent cashflow potential at market rental rates. The property also benefits from 4 single car garages allowing for extra income potential from leasing the garages to current residents and/ or converting the existing garages to accessory dwelling units (ADUs). Residents enjoy a highly desirable, urban Golden Hill location at the entrance to Downtown San Diego. This locale grants its inhabitants a plethora of conveniences, including shipping, dining options, and entertainment opportunities.
Interior Features

Sq Ft Of Improvement 0

Property Features

Actual Gross Scheduled Income 0.0 Actual Operating Expense 0 Assumable Finance 0 Buildings 3 Complex Features Other/Remarks Gross Equity 0 Gross Multiplier 0 Have Property Mandatory Remarks None Known Market Area Metro Central Motive Want Sell Projected Cap Rate 5.0 Projected Gross Multiplier 13.7 Projected Gross Operating Inc 5566 Projected Gross Scheduled Inc 15460 Projected Net Income 127349 Projected Operating Expense 52606 Short Sale No Unit Number1 4 Unit Number2 1 Unit Number3 1

San Diego MLS logo Listing provided courtesy of Ray Adams of Ray Adams Investment Real Estate Inc: 619-884-5456. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. 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, non-commercial 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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516 5th Avenue
San Diego CA, 92101