PRICE REDUCED LISTING 6 Vacant Add-Value Units with Immediate Upside in Mission Hills Excited to relaunch 4074 Ingalls Street at a reduced price of $1,500,000 ($250,000/unit). This six-unit apartment community in Mission Hills, San Diego, is now a blank slate for investors, as all units have executed cash 4 keys… Read More agreements providing a blank slate by 12/31/24. Property Highlights Unit Mix: Three studio units and three one-bedroom units Total Rentable Space: ~2,280 sq ft Additional Features: Four storage areas and a coin-operated laundry facility Investment Opportunity This property offers a rare add-value opportunity with no rent control restrictions, allowing investors to achieve market rents immediately upon completion of any desired upgrades. Location Benefits Nestled in the heart of Mission Hills, this property provides tenants with convenient access to: Pioneer Park Old Town San Diego Vibrant dining, shopping, and nightlife in Hillcrest Don’t miss out on this exceptional chance to reposition a property in one of San Diego’s most desirable neighborhoods! Read Less
Listing Snapshot
Days Online
147
Last Updated
Property Type
Mixed Use
MLS Number
240018804SD
30 Days Snapshot Of 92103
$1,139k
-17%
(avg) sold price
16
-50%
homes sold
98
+66%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1 building
Expenses
Operating expense: $42,887
Income
Net operating income: $95,233
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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