Fourplex situated on an approximately 6,248-square-foot lot, 4225–4231 Central Avenue is a stabilized, cottage-style multifamily property in central San Diego. 3/2 house, 1/1 cottage, 1/1 cottage, 0/1 cottage. (House is currently rented out as a 2/1 & 1/1). The property generates $9,294 in current monthly gross income and provides… Read More five off-street parking spaces. (3 individual spots in the rear off the alley, and 1 tandem in the driveway) All but one of the cottage units have been fully or partially improved, with updated kitchens, flooring, appliances, bathrooms, exterior paint, fencing and landscaping. Additional upside exists through potential rent growth and future renovation. Conveniently located near Kensington, Teralta Park, neighborhood restaurants, Downtown San Diego, I-805 and SR-15. Listing agent & broker hold an ownership interest in the property. Property is offered in its present as-is condition. Buyer to independently verify permits, unit configuration, square footage, zoning, income, expenses, condition and development potential. Read Less
Listing Snapshot
Days Online
21
Last Updated
Year Built
1940
MLS Number
260018638SD
Additional Details
Building
Built in 1940, 4 buildings, 1 storey, Levels: One
Community
Park Name: Complex, Gated
Cooling
None
Heating
Electric, Radiant
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $108,038, Net Operating Income: $69,627
Roof
Composition
Security Features
GatedCommunity
Taxes
Parcel Number: 4547420800
Tenant Pays
Electricity, Sewer, TrashCollection
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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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