Listing provided courtesy of Thomas McCartin of Marcus & Millichap. Last updated 2020-09-11 09:20:35.000000. Listing information © 2020 SANDICOR, Inc.
Asking Price: $2,375,000
4334 49th Street, San Diego CA 92115
Community: Metro Uptown
This Com-Res Income property was built in and is priced at $2,375,000. Please see the additional details below.
- 0 Sq Ft
- 1 bathrooms
- 1 bedrooms
- MLS#: 200039656
- Type: Com-Res Income
- Year Built:
49th Street Villas is a 9 Unit turn-key apartment building, that was constructed in 1975. The properties interior and exterior were completely renovated in 2017. The property sits a half block south of El Cajon Blvd in the high demand rental market of City Heights. The unit mix comprises (8) spacious 2BR/1BA and (1) 1BR/1BA unit. A new Investor will be taking possession of a very well maintained building with no deferred maintenance. Rents are currently about 5-10 percent below market. Ownership has not raised rents in 2019 or 2020 so far. The current owner has rents set at market or just below and has collected 100% of rents during COVID 19.