Address not disclosed, San Diego, CA 92102
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Address not disclosed, San Diego, CA 92102
Address not disclosed, San Diego, CA 92102
Address not disclosed, San Diego, CA 92102
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Robert Lopez

Robert Lopez

+1(619) 807-8442
$ 1,450,000
Est. payment /mo
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Active

Address not disclosed San Diego, CA 92102

10,140 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2606430

HOA Y/N No

Year Built 1961

Lot Size 10,140 Sqft

Property Description

Prime 5- Unit Investment Opportunity| Central San Diego 1014-20 N. 47th Street, San Diego, CA Unlock exceptional value and multiple revenue streams with this well-maintained 5-unit residential income property in a high-demand San Diego market. Ideal for cash-flow investors and value-add strategists looking for strong current returns paired with immediate income growth potential. Key Highlights& Multiple Income Streams: - 5 Residential Units: Solid multi-family layout with a consistent rental history. - Significant Rental Upside: Rents are currently below market, offering a clear path to increase Gross Operating income as leases renew or units turn over. - On-Site Garages: Dedicated garage spaces provide secure vehicle parking or storage- offering an immediate opportunity to generate extra monthly rent per garage space or bundle them for higher overall residential lease rates. -Owned Laundry Income: Owned on-site Laundry Facilities generate approximately $300/ month in steady additional revenue with no third- party lease vendor taking a cut. Pride of ownership ensures low near-term capital expenditures, letting you focus on optimizing income. Conveniently located with quick access to major San Diego freeways, public transit.

Location

State CA

County San Diego

Area 92102 - San Diego

Zoning R2

Interior

Cooling None

Fireplace No

Appliance Gas Cooktop, Disposal, Gas Oven

Laundry Common Area

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights, Suburban, Sidewalks

View Y/N No

Total Parking Spaces 10

Private Pool No

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 5414522500

Acceptable Financing Cash, Conventional, Contract, Owner Will Carry, Private Financing Available

Listing Terms Cash, Conventional, Contract, Owner Will Carry, Private Financing Available

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2606430

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Sarita Rivers-Fajardo RAF Investment Services Inc. 619-215-6431, DRE #01995563
Robert Lopez

Robert Lopez

Agent License ID: 02049134

+1(619) 807-8442

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Address not disclosed