$1,050,000
$1,075,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
SOLD DATE : 08/04/2022
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Chula Vista
MLS Listing ID 220013036
Sold Date 08/04/22
Bedrooms 7
Full Baths 4
Year Built 1958
Lot Dimensions 52x122
Property Sub-Type Res Income 2-4 Units
Property Description
Opportunity knocks in Chula Vista! This unique investment prospect features a single family 3BR/2B home and two additional 2/1 units: you can easily live in one and let the other two rentals help you cover costs! Main home boasts a converted garage, in-unit laundry, fully fenced private yard, private patio and a covered porch, real wood floors, and two tandem parking spaces. Duplex units feature large living rooms, eat-in kitchens, tiled bathrooms, and two-car tandem parking spaces with alley access. Lower unit has a fenced private yard. With stabilized cash flow, this property is a solid start for anyone's investment portfolio! Appears to be lots of upside on rents with longer term tenants in place. Nicely maintained in a good location. Estimated 25% annual expenses. Units added in 1976, Garage conversion was in 1975
Location
State CA
County San Diego
Area South Bay
Zoning R-3:RESTRI
Direction Broadway to Flower, Flower to Madison
Interior
Fireplace No
Exterior
Fence Full
Utilities Available Sewer Connected
View Y/N No
Water Access Desc Meter on Property
Roof Type Composition,Rolled/Hot Mop
Building
Water Meter on Property
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Bought with Natalie R Frantz Compass