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Key Details
Sold Price $2,395,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kensington
MLS Listing ID 230005692SD
Sold Date 05/17/23
HOA Y/N No
Year Built 1925
Lot Size 6,834 Sqft
Property Description
Turn-Key and completely renovated top to bottom 4 unit trophy asset located in the highly coveted neighborhood of Kensington, just north of Adams Avenue. This property is the perfect blend of classic charm and modern amenities in the heart of Metro San Diego and is comprised of: (1) 2 bed - 2 bath (2) 1 bed - 1 bath (1) studio. All 4 units are separately metered, each unit has in-unit laundry, all have off-street parking, and each unit comes with it's own dedicated storage unit. The gross income on the property is $124,308/year with minimal expenses since everything has been extensively remodeled. The location of this property is truly unbeatable, with easy walking distance to a plethora of restaurants, bars, and boutique shops. Residents will love the convenience and vibrancy of this thriving and prominent neighborhood. Best of all, this property is 100% occupied with strong rents, making it a lucrative investment opportunity for any savvy investor. Don't miss your chance to own this turnkey gem in one of San Diego's most desirable neighborhoods!
Location
State CA
County San Diego
Area 92116 - Normal Heights
Building/Complex Name n/k
Zoning R-3:RESTRI
Interior
Cooling None
Fireplace No
Exterior
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4405512200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Ralph Bowen • Real Estate/Mortgage Express
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960