$1,295,000

Multi Family In San Diego

  • 5 Beds
  • 4 Baths
  • Updated: September 15
  • Source:
    San Diego MLS  MLS#260022532

About the Property

3860–64 Wilson Ave is a well-positioned three-unit multifamily property located in San Diego’s desirable 92104 submarket near North Park. Built in 1955, the property offers approximately 1,856 rentable square feet on an oversized 7,224 square foot lot and features an attractive unit mix consisting of one 1Br/1Ba, one 2Br/1Ba, and one 2Br/2Ba unit. Each unit offers in-unit washer & dryer and pr
3860–64 Wilson Ave is a well-positioned three-unit multifamily property located in San Diego’s desirable 92104 submarket near North Park. Built in 1955, the property offers approximately 1,856 rentable square feet on an oversized 7,224 square foot lot and features an attractive unit mix consisting of one 1Br/1Ba, one 2Br/1Ba, and one 2Br/2Ba unit. Each unit offers in-unit washer & dryer and private yards. Offered at $1,295,000 ($431,667 per unit; $697.74 per SF), the asset provides investors with immediate in-place income, generating approximately $61,684 of NOI and a 4.76% going-in cap rate, with additional upside to approximately $65,234 of NOI and a 5.04% cap rate at estimated market rents.
  • Property type

    Other

  • Floors

    1

  • Year built

    1955

Features

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Bridgepoint Realty Inc - San Diego

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Bridgepoint Realty Inc - San Diego
California, United States
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Bridgepoint Realty Inc - San Diego
San Diego, California, United States
View agency profile
Last updated
September 15
First listed
Sep 15
Listing reference
260022532
Listing status
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