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$4,395,000
68 Days On Site
4030 Front StSan Diego, CA 92103
For Sale|Mixed Use|Pending
0
Beds
0
Total Baths
County:
San Diego
Listed by Jason Lee of Nara Advisors, Inc. [email protected]
Call Now: (619) 629-9133
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(619) 629-9133
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Rare Hillcrest 14-unit multifamily investment with major rental upside. Located in one of San Diego’s strongest rental submarkets, this value-add opportunity includes (8) 1Bed/1Bath, (4) 2Bed/1Bath, and (2) Studios. All tenants are on month-to-month leases, offering maximum flexibility for rent increases and renovations. Current rents are below market, and new ownership can significantly increase income through targeted improvements—some of which have already been completed by the current ownership. With a current cap rate of 3.41% and a proforma cap of 6.37%, this property is ideal for investors seeking cash flow growth and long-term upside in a blue-chip location.
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Listing Snapshot
Price
$4,395,000
Days On Site
68 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2386 Acres
Year Built
N/A
MLS® Number
250026658SD
Status
Pending
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Pending | |
| a month ago | Price changed to $4,395,000 | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.2386
Parking Spaces
14
Property Sub Type
Mixed Use
Zoning
RM-3-9
Interior Features
Cooling
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Community Features
MLS Area
92103 - Mission Hills
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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