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Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 791 sqft
Price per Sqft $2,781
Subdivision Middletown
MLS Listing ID 220018680
Bedrooms 6
Full Baths 4
Year Built 1950
Type of Financing Conventional
Property Description
4 Well maintained units in Middletown. 92103 Zip Code! Minutes from Mission Hills, Old Town, Balboa Park & Downtown San Diego. Long Term Ownership with Long Term Tenants. Rents at 50% of market compared with nearby renovated units. Plenty of Off Street Parking. Excellent Unit Mix of 50% 1BR & 50% 2BRs. Low Expenses with minimal landscaping and city trash. Great for an investor or an Owner/Occupied Purchase. Improved Zoning and large lot (.23 Acres or 9,993 SF) may allow for redevelopment potential. Early estimates could allow up to 40 units.
Location
State CA
County San Diego
Community Middletown
Area Mission Hills (92103)
Building/Complex Name None
Zoning R3 Res
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Story 1
Others
Acceptable Financing Conventional
Space Rent $1,625
Listing Terms Conventional
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Bought with Thomas McCartin • Marcus & Millichap
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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