$1,300,000
$1,389,500
6.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
SOLD DATE : 09/11/2025
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2503727
Sold Date 09/11/25
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
3865-71.5 Menlo Ave possesses 4 units consisting of a detached 2 Bed / 1 Bath House, (3) 1 bed / 1 bath units, community laundry room, and 5 off-street parking spaces. The property produces a strong $107,772 Gross Scheduled Income with a Net Operating income of $79,315 yielding an above market true 5.69% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents.
Location
State CA
County San Diego
Zoning Estimated
Direction GPS
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 4715910500
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Bought with Ryan Sun Real Broker
