Skip To Content
    Return to Previous Page

    4162 51st Street

    San Diego, CA 92105
    • $2,750,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 200049421
    UPDATED: 39 min ago
    $2,750,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    100% FULLY RENOVATED, STABILIZED AND TURNKEY. 100% RENT COLLECTIONS THROUGH COVID. The Browar Group is pleased to present this wonderful asset well located in a charming cul-de-sac of City Heights. The property underwent extensive renovations in 2019/20 and include but are not limited to a new roof, electrical and plumbing upgrades and full interior remodels in all units. Boasting a strong unit mix of mostly 2BRs, the asset has laundry on site, ample parking for all and is 100% gated with security cameras. High end finishes throughout allow for peak 92105 rents, as well as hosting a strong tenant pool. Perfect for 1031 exchange buyers or investors looking to add to their portfolio. Current all time low lending rates paired with the property's net income allow for a down payment as low as $750k on 5, 7 or 10 year money.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T17:33:29.493. 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/111255397
    Print Image

    4162 51st Street San Diego, CA 92105

    • Price: $2,750,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 200049421
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    92105 - East San Diego
    County:
    San Diego
    Area:
    92105 - East San Diego
    Property Description
    100% FULLY RENOVATED, STABILIZED AND TURNKEY. 100% RENT COLLECTIONS THROUGH COVID. The Browar Group is pleased to present this wonderful asset well located in a charming cul-de-sac of City Heights. The property underwent extensive renovations in 2019/20 and include but are not limited to a new roof, electrical and plumbing upgrades and full interior remodels in all units. Boasting a strong unit mix of mostly 2BRs, the asset has laundry on site, ample parking for all and is 100% gated with security cameras. High end finishes throughout allow for peak 92105 rents, as well as hosting a strong tenant pool. Perfect for 1031 exchange buyers or investors looking to add to their portfolio. Current all time low lending rates paired with the property's net income allow for a down payment as low as $750k on 5, 7 or 10 year money.
    Property Features

    Cap Rate 5.23 Country Us Gross Scheduled Income 216168.00 Net Operating Income 143348.00 Operating Expense 66335.00 Property Sub Type Commercial/Residential

    Listing provided courtesy of Florian Sighe of The Browar Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T17:33:29.493. 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.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364843093-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364843093-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364843093-1.jpg
    Logo
    The Results Group | Berkshire Hathaway HomeServices California Realty
    501 Stuart Street, Suite 101
    Redlands CA, 92373