4074 Ingalls St

Description

Seller has Executed Cash 4 Keys Agreements with ALL Tenants to Leave by End of Year. We are pleased to present 4074 Ingalls St, a six-unit apartment community in the desirable Mission Hills neighborhood of San Diego. The property, on a 0.1-acre lot, includes three studio units and three one-bedroom units, totaling approximately 2,280 rentable square feet. There are also four small storage areas and a shared coin-operated laundry facility. This property presents an excellent long-term investment opportunity in a high-demand rental market with an immediate upside in rents. Located in the heart of Mission Hills, just west of Hillcrest, residents are within walking distance of Pioneer Park and minutes from Old Town San Diego and Hillcrest. This established neighborhood offers a trendy community with great proximity to popular restaurants and entertainment. The base zoning is RS-1-7 with a FAR of 0.6, allowing a new owner a total density of 2,607 sqft. This permits the addition of 327 sqft of new livable space in the form of an Accessory Dwelling Unit (ADU).

Listing information courtesy of: Thomas McCartin, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of 10/22/2024 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.