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$2,595,000
Est. payment /mo
12 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision College Estates(1260)
MLS Listing ID 260006770
Bedrooms 12
Full Baths 6
Year Built 1970
Property Sub-Type Res Income 2-4 Units
Property Description
Turn Key construction student rental property leased through August 2027 for $17,050 per month at a 5.7% WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 4bed/2ba, ADUs in back are 4bed/2ba and a 4bed/2ba. All market rate no deed restrictions! Located on one of the prime streets short walk to the SDSU campus & campus sports fields. This property usually rents 8-11 months in advance each year due to desirable layout, finishes, and proximity to campus. Tenants get 12 street parking permits (4 per address). In unit washer dryers in each unit.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Cooling Central Forced Air, Zoned Area(s)
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 462-202-09-00
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Alexio Barbara, DRE#01992393 Bridgepoint Realty Inc
Nearby Locations
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