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    4261 Euclid Ave

    San Diego, CA 92115
    • $1,890,000
    • STATUS: ACTIVE
    • ON SITE: 36 days
    • ID#: 200038769
    Price Reduced
    UPDATED: 82 min ago
    $1,890,000
    • 3
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    We are excited to present 4261 Euclid Ave, San Diego, CA: A turnkey and well-maintained property in the highly desirable and easily rentable submarket of Colina Del Sol in San Diego, CA. The property was remodeled in the last few years of ownership, including a new roof, new windows, new stucco, new paint, etc. The property consists of eight 1 bedroom/1 bath units, and one 2 bedroom/1 bath unit. The property has three garages in the back that can be converted into an ADU for additional rental income for a new owner. The building is fully fenced and each unit has one parking spot. A great opportunity for an investor who wants a low maintenance property with a proven history of great revenue/income.

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    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/108817889
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    4261 Euclid Ave San Diego, CA 92115

    • Price: $1,890,000
    • Status: ACTIVE
    • Updated: 82 min ago
    • ID#: 200038769
    3
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    San Diego (92115)
    County:
    San Diego
    Area:
    San Diego (92115)
    Property Description
    We are excited to present 4261 Euclid Ave, San Diego, CA: A turnkey and well-maintained property in the highly desirable and easily rentable submarket of Colina Del Sol in San Diego, CA. The property was remodeled in the last few years of ownership, including a new roof, new windows, new stucco, new paint, etc. The property consists of eight 1 bedroom/1 bath units, and one 2 bedroom/1 bath unit. The property has three garages in the back that can be converted into an ADU for additional rental income for a new owner. The building is fully fenced and each unit has one parking spot. A great opportunity for an investor who wants a low maintenance property with a proven history of great revenue/income.
    Exterior Features

    Construction Frame Exterior Metal Fence Roof Composition

    Interior Features

    Sq Ft Of Improvement 4598

    Property Features

    Actual Cap Rate 4.8 Actual Gas And Electric 1681 Actual Gross Scheduled Income 140988.0 Actual Operating Expense 43312 Actual Taxes Expense 23010 Actual Trash Expense 1876 Actual Water Sewer Expense 2967 Assumable Finance 0 Gross Equity 1100000 Gross Multiplier 13.8 Have Apartm Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 11644 Motive Want Sell Other Income Amount 105 Other Income Source Garage Projected Cap Rate 5.7 Projected Gross Multiplier 12 Short Sale No Tenant Pays Electric Y Unit Number1 8 Unit Number2 1 Unit Rent Total1 10344 Unit Rent1 1293 Unit Rent2 1300

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101