Discover a compelling value-add investment opportunity -- 11-unit residential Investment. Property perfectly positioned in the heart of Middletown, one of Metro San Diego's most sought-after and consistently resilient neighborhoods. This is your chance to acquire a property in a sub-market that continues to attract strong renter demand and long-term… Read More appreciation potential. RM-2-5 zoned corner lot offers significant upside potential for investors looking to increase current rents and through unit upgrades or explore future development possibilities. The property is well-maintained and functionally sound, providing stable in-place income while an investor executes their value-add strategy. Key features include a desirable unit mix with many units enjoying pleasant views, mature landscaping, abundant off-street tenant parking, triple-pane windows, a pitch composition roof, a carport with attached storage, and common laundry facilities — all set on an elevated lot that enhances privacy and street presence. Large Lot! UNIT MIX -- One Large (3) Bedroom/2 bath, 3 (2) bedroom/1 bath and 6 (1) Bedrooms/One Bath and One Studio-See Brochure Read Less
Listing Snapshot
Days Online
111
Last Updated
Property Type
MixedUse
Lot Size
0.29 Acres
MLS Number
260009706SD
Additional Details
Building
1 building, Construction Materials: Stucco
Expenses
Operating: $92,979
Heating
Radiant, WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $253,743
Lot
0.2911 acres, Dimensions: 115*109
Parking
1 carport spaces, 11 total parking spaces
Roof
Composition
Taxes
Parcel Number: 4516331000, Zoning: RM-2-5
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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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