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    3560 Fourth Ave.

    San Diego, CA 92103
    • $2,400,000
    • STATUS: Pending
    • ON SITE: 57 days
    • ID#: 200047861
    Pending
    UPDATED: 73 min ago
    $2,400,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    3560 Fourth Ave., located +-in the high demand area of Hillcrest in San Diego, is a 7-unit value add opportunity. Made up of two buildings the front building offers a mix of +-5 units, a 1 bed / 1 ba, 2 separate studio apartments, a 2 bed / 2 bath along with a front unit that can be used as an office or 3 bedroom apartment. (Value add in all units). The rear +-building consists of two upgraded units built in 1990. The two upstairs units are 2/2 +-with loft, central air, patios with views and garages. Down stairs owner unit is 1/1 with an attached garage, currently not rented. +-Unit upgrades in the rear units include kitchen, baths, windows and flooring, electrical and plumbing. Permits of third floor loft unknown, has been a rental for approximately 50 years. All units are currently rented.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-04T08:27:40.32. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

    www.redlandsland.com/homes/110804326
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    3560 Fourth Ave. San Diego, CA 92103

    • Price: $2,400,000
    • Status: Pending
    • Updated: 73 min ago
    • ID#: 200047861
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    92103 - Mission Hills
    County:
    San Diego
    Area:
    92103 - Mission Hills
    Property Description
    3560 Fourth Ave., located +-in the high demand area of Hillcrest in San Diego, is a 7-unit value add opportunity. Made up of two buildings the front building offers a mix of +-5 units, a 1 bed / 1 ba, 2 separate studio apartments, a 2 bed / 2 bath along with a front unit that can be used as an office or 3 bedroom apartment. (Value add in all units). The rear +-building consists of two upgraded units built in 1990. The two upstairs units are 2/2 +-with loft, central air, patios with views and garages. Down stairs owner unit is 1/1 with an attached garage, currently not rented. +-Unit upgrades in the rear units include kitchen, baths, windows and flooring, electrical and plumbing. Permits of third floor loft unknown, has been a rental for approximately 50 years. All units are currently rented.
    Exterior Features

    Carport Spaces 0.00 Lot Size Units Square Feet Parking Total 0.00

    Property Features

    Cap Rate 6.78 Country Us Gross Scheduled Income 162900.00 Operating Expense 24000.00 Property Sub Type Commercial/Residential Total Monthly Rent 13575 Zoning R-4

    Listing provided courtesy of Brandy Simpson of Westminster Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-04T08:27:40.32. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

     
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    The Results Group | Berkshire Hathaway HomeServices California Realty
    501 Stuart Street, Suite 101
    Redlands CA, 92373