4074 Ingalls St

Description

PRICE REDUCED LISTING 6 Vacant Add-Value Units with Immediate Upside in Mission Hills Excited to relaunch 4074 Ingalls Street at a reduced price of $1,500,000 ($250,000/unit). This six-unit apartment community in Mission Hills, San Diego, is now a blank slate for investors, as all units have executed cash 4 keys agreements providing a blank slate by 12/31/24. Property Highlights Unit Mix: Three studio units and three one-bedroom units Total Rentable Space: ~2,280 sq ft Additional Features: Four storage areas and a coin-operated laundry facility Investment Opportunity This property offers a rare add-value opportunity with no rent control restrictions, allowing investors to achieve market rents immediately upon completion of any desired upgrades. Location Benefits Nestled in the heart of Mission Hills, this property provides tenants with convenient access to: Pioneer Park Old Town San Diego Vibrant dining, shopping, and nightlife in Hillcrest Don’t miss out on this exceptional chance to reposition a property in one of San Diego’s most desirable neighborhoods!

Listing information courtesy of: Thomas McCartin, Marcus & Millichap 858-373-3100. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.