3895 Ocean View Boulevard, San Diego, CA 92113
-
Listed Price :
$999,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1913
Property Description
Welcome to this refurbished three unit investment property near down town San Diego. All three units have new wood laminate flooring, new appliances, new granite counters, and paint. Unit mix consists of a top unit that is a 3 bedroom, 1 bathroom (est 995 sqft). There is a 1 bedroom, 1 bathroom (est 460 sqft) and a 2 bedroom, 1 bathroom (est 651 sqft) on the first floor. All units are separately metered. Current rents are well below market rates.The property offers excellent potential for long-term growth, with the opportunity to increase value by adjusting rents to market rates. The pro forma cap rate with these adjustments is estimated to be in the 7-8% range, making this an attractive investment opportunity.
Interior Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Flooring Information |
Material |
Laminate |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
3895 Ocean View Boulevard |
City |
San Diego |
State |
CA |
Zip |
92113 |
County |
San Diego |
Listing Agent |
Donny Hall DRE #01852577 |
Courtesy Of |
Hallway Realty |
List Price |
$999,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Triplex |
Structure Size |
N/A |
Lot Size |
3,751 |
Year Built |
1913 |
Listing information courtesy of: Donny Hall, Hallway Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.