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Key Details
Sold Price $2,395,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $2,177
Subdivision Kensington
MLS Listing ID 230005692
Sold Date 05/17/23
Bedrooms 4
Full Baths 5
HOA Y/N No
Year Built 1925
Lot Size 6,836 Sqft
Property Description
Turn-Key and completely renovated top to bottom 4 unit trophy asset located in the highly coveted neighborhood of Kensington, just north of Adams Avenue. This property is the perfect blend of classic charm and modern amenities in the heart of Metro San Diego and is comprised of: (1) 2 bed - 2 bath (2) 1 bed - 1 bath (1) studio. All 4 units are separately metered, each unit has in-unit laundry, all have off-street parking, and each unit comes with it's own dedicated storage unit. The gross income on the property is $124,308/year with minimal expenses since everything has been extensively remodeled. The location of this property is truly unbeatable, with easy walking distance to a plethora of restaurants, bars, and boutique shops. Residents will love the convenience and vibrancy of this thriving and prominent neighborhood. Best of all, this property is 100% occupied with strong rents, making it a lucrative investment opportunity for any savvy investor. Don't miss your chance to own this turnkey gem in one of San Diego's most desirable neighborhoods!
Location
State CA
County San Diego
Community Kensington
Area Normal Heights (92116)
Building/Complex Name n/k
Zoning R-3:RESTRI
Interior
Fireplaces Number 1
Exterior
Exterior Feature Stucco
Fence Full
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $3,595
Listing Terms Cash, Conventional
Financing Conventional
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscal.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ralph Bowen • Real Estate/Mortgage Express