Skip To Content

3966 Teak St

San Diego, CA 92113
  • $1,799,000
  • STATUS: ACTIVE
  • ON SITE: 88 Days
  • ID#: 240003689
UPDATED: 40 min ago
$1,799,000
  • 5
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Bring All Offers! Excellent low maintenance property in a strong rental market! Front 2br/1bt cottage lives like a SFR w/ no shared walls, laundry, and outdoor space. Back building has 4 1bd/1bt units and front detached cottage 2bd/1bt. Roof has recently been replaced and all units have A/C and tankless water heaters. The property has recently upgraded units, low expenses due to updated systems (back roof, tankless water heaters), low maintenance landscaping, and detached 2br cottage provides an excellent opportunity for a buyer to live in front and rent out back or have solid rental property with sound fundamentals.

Monthly Payment Calculator

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/147753667
Print Image

3966 Teak St San Diego, CA 92113

  • Price: $1,799,000
  • Status: ACTIVE
  • On Site: 88 Days
  • Updated: 40 min ago
  • ID#: 240003689
5
Beds
4
Baths
0
½ Baths
N/A
Acres
1953
Built
Neighborhood:
Mountain View
County:
San Diego
Area:
Logan Heights (92113)
Property Description
Bring All Offers! Excellent low maintenance property in a strong rental market! Front 2br/1bt cottage lives like a SFR w/ no shared walls, laundry, and outdoor space. Back building has 4 1bd/1bt units and front detached cottage 2bd/1bt. Roof has recently been replaced and all units have A/C and tankless water heaters. The property has recently upgraded units, low expenses due to updated systems (back roof, tankless water heaters), low maintenance landscaping, and detached 2br cottage provides an excellent opportunity for a buyer to live in front and rent out back or have solid rental property with sound fundamentals.
Exterior Features

Exterior Other/RemarksWood/Stucco Fencing Partial Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

Interior Features

Cooling Other/Remarks Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 5 Units With Dishwashers 5 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 5 Units With Refrigerators 5 Units With Washers 0

Property Features

Actual Cap Rate 4.15 Age Restrictions N/K Annual Expense Actual 37603 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community SAN DIEGO Complex Park NK Cross Streets S 40th St Gross Rent Multiplier Actual 15.59 Gross Rent Multiplier Project 13.17 Gross Scheduled Income Actual 115380 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Net Operating Income Projected 96024 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 5.23 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Other/Remarks Terms CashConventional Unit1 Deposit 2400 Unit1 Occupied Tenant Unit1 Rent Actual 2400.0 Unit2 Deposit 1845 Unit2 Occupied Tenant Unit2 Rent Actual 1845.0 Unit3 Deposit 1845 Unit3 Occupied Tenant Unit3 Rent Actual 1845.0 Unit4 Deposit 1795 Unit4 Occupied Tenant Unit4 Rent Actual 1795.0

San Diego MLS logo Listing provided courtesy of Jordan Concepcion of Keller Williams Realty: 858-461-9910. 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.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_240003689-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_240003689-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_240003689-2.jpg
Logo
The Neuman Team
516 5th Avenue
San Diego CA, 92101