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3966 Teak Street

San Diego, CA 92113
  • $1,799,000
  • STATUS: ACTIVE
  • ON SITE: 60 Days
  • ID#: 240003690
$1,799,000
  • 5
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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 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.

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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/147753745
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3966 Teak Street San Diego, CA 92113

  • Price: $1,799,000
  • Status: ACTIVE
  • On Site: 60 Days
  • ID#: 240003690
5
Beds
4
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Logan Heights (92113)
County:
San Diego
Area:
Logan Heights (92113)
Property Description
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 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

Parking None Roof Other/Remarks

Interior Features

Cooling Other Floors Wood Heating Other/Remarks Laundry Owned Sq Ft Of Improvement 3182 Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No

Property Features

Actual Cap Rate 4.15 Actual Gross Scheduled Income 115380.0 Actual Operating Expense 37348 Assumable Finance 0 Buildings 2 Gross Equity 114180 Gross Multiplier 15.59 Have Property Mandatory Remarks None Known Market Area Metro Central Motive Want Sell Projected Cap Rate 5.23 Projected Gross Multiplier 13.17 Short Sale No Unit Number1 1 Unit Number2 2 Unit Number3 1 Unit Number4 1 Unit Rent Total1 2400 Unit Rent Total2 3690 Unit Rent Total3 1795 Unit Rent Total4 1795 Unit Rent1 2400 Unit Rent2 1845 Unit Rent3 1795 Unit Rent4 1795

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.
 
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San Diego CA, 92101