Property Description
Amazing opportunity to own an income producing 4 unit property in a highly desirable neighborhood near SDSU! All units have been remodeled with new interior/exterior paint, new flooring, new kitchen cabinets/countertop, can lights in every room, remodeled bathrooms, laundry rooms, new windows, new electrical outlets, & new ceiling fans. The renovated units will ensure your income stream is reliable at acquisition with 1 unit already rented out and the others soon to follow as the development is under professional management. Additional Opportunity exists with recent law changes allowing for an increased FAR with the ability to add 4 additional ADUs at 500 sq. ft. each. Assuming construction cost of $720K and each new unit renting at $1900/month, this property would perform over 5% cap rate, excellent for San Diego! The Sellers are willing to assist in helping the new owners build the new ADU units and maximize their investment!
Features
: No
: Electric, Natural Gas
: Seeremarks
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Address Map
U.S.
California
San Diego
San Diego
92115
6831 33 Amherst St
0
W118° 56' 36.8''
N32° 46' 1.8''
MLS Addon
$0
0 Sqft
: No
: No
4.31
32
CrossStreet: 68th St
: No
1
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SAND-706853

Residential Income For Sale San Diego

6831 33 Amherst St, San Diego, San Diego, California, 92115

6,981 Acre
Visits : 7 in 40 days
$2,600,000
Listing ID #240018911SD
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240018911SD
Price : $2,600,000
Year Built : 2000
Lot Area : 6,981 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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