6.13% Cap Rate Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring,… Read More quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements. Read Less
Listing Snapshot
Days Online
78
Last Updated
Property Type
Mixed Use
MLS Number
250027339SD
30 Days Snapshot Of 92115
$787k
-1%
(avg) sold price
25
-21%
homes sold
61
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1 building
Expenses
Operating expense: $114,891
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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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