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Key Details
Sold Price $2,575,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 180046385
Sold Date 10/17/18
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
We are pleased to present 10 Units on Santa Margarita. The property is comprised of (3) separate structures; 2 houses and 8 units above. The property has gone through extensive renovations starting from interiors to exterior, new plumbing, new electrical, reengineering retaining walls, restructuring the stairways, this property truly has it all. The unit mix consist of a 3bedroom/2Bath & 4Br/2Ba house with (8) units about that are (7) 3Bedrooms/2Bath & (1) 2Bedroom/2Bath. The units each get their own tandem parking space (18 parking spaces total; 12 being tandem spaces) with the front house getting its own private driveway. The property has onsite laundry facilities with a long private drive way. The units will feature quartz / granite counter tops, new cabinets, new flooring, new bathrooms with new vanities. This property is an investors dream; it cash flows, it's turn key and you wont have to worry about it for decades and on. Agent or Seller have not verified public records, including but not limited to permits, lot size, number of rooms, number of units, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
Location
State CA
County San Diego
Area 92114 - Encanto
Interior
Heating Wall Furnace
Fireplace No
Others
Tax ID 5482044800
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
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Bought with Pat Geary • CEG Advisors
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960