Seller has Executed Cash 4 Keys Agreements with ALL Tenants to Leave by End of Year. We are pleased to present 4074 Ingalls St, a six-unit apartment community in the desirable Mission Hills neighborhood of San Diego. The property, on a 0.1-acre lot, includes three studio units and… Read More three one-bedroom units, totaling approximately 2,280 rentable square feet. There are also four small storage areas and a shared coin-operated laundry facility. This property presents an excellent long-term investment opportunity in a high-demand rental market with an immediate upside in rents. Located in the heart of Mission Hills, just west of Hillcrest, residents are within walking distance of Pioneer Park and minutes from Old Town San Diego and Hillcrest. This established neighborhood offers a trendy community with great proximity to popular restaurants and entertainment. The base zoning is RS-1-7 with a FAR of 0.6, allowing a new owner a total density of 2,607 sqft. This permits the addition of 327 sqft of new livable space in the form of an Accessory Dwelling Unit (ADU). Read Less
Listing Snapshot
Days Online
101
Last Updated
Property Type
Mixed Use
MLS Number
240018804SD
30 Days Snapshot Of 92103
$1,334k
+10%
(avg) sold price
33
+17%
homes sold
54
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1 building
Expenses
Operating expense: $36,154
Income
Net operating income: $99,026
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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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