4334 49th Street, San Diego, 92115

Commercial - Com-Res Income For Sale

$2,375,000

Beds
Baths
Sqft
.18Acres
Built
24DOM
MLS® #: 200039656
ACTIVE, 24 Days on Market

Back on the Market. Buyer unable to perform because of Heath Reasons. Property shows extremely well. Stable Rents throughout Covid. 49th Street Villas is a 9 Unit turn-key apartment building, that was constructed in 1975. The properties interior and exterior were completely renovated in 2017. The property sits a half block south of El Cajon Blvd in the high demand rental market of City Heights. The unit mix comprises (8) spacious 2BR/1BA and (1) 1BR/1BA unit. A new Investor will be taking possession of a very well maintained building with no deferred maintenance. Rents are currently about 5-10 percent below market. Ownership has not raised rents in 2019 or 2020 so far. The current owner has rents set at market or just below and has collected 100% of rents during COVID 19.

Essential Information

MLS® #: 200039656
Price: $2,375,000
Acres: 0.18
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 4334 49th Street
Area: SAN DIEGO (92115)
City: San Diego
County: San Diego
State: CA
Zip Code: 92115

Amenities

Parking Spaces: 12

Interior

# of Stories: 2

Additional Information

Date Listed: August 17th, 2020
Days on Market: 24
Zoning: R-4 Mult

Listing Details

Listing Office: Marcus & Millichap

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

Listing information last updated on October 21st, 2020 at 5:30am PDT.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

Listing information last updated on October 21st, 2020 at 5:30am PDT.