6831 33 Amherst St
San Diego, CA 92115
Active for $2,600,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 6,981 sqft
| MLS | 240018911SD |
| Year Built | 2000 |
| Property Type | |
| County | San Diego |
| Status | Active |
| Active | $2,600,000 |
| Structure Size | N/A sqft |
| Lot Size | 6,981 sqft |
| Beds | N/A |
| Baths |
Description
Amazing opportunity to own an income producing 4 unit property in a highly desirable neighborhood near SDSU! All units have been remodeled with new interior/exterior paint, new flooring, new kitchen cabinets/countertop, can lights in every room, remodeled bathrooms, laundry rooms, new windows, new electrical outlets, & new ceiling fans. The renovated units will ensure your income stream is reliable at acquisition with 1 unit already rented out and the others soon to follow as the development is under professional management. Additional Opportunity exists with recent law changes allowing for an increased FAR with the ability to add 4 additional ADUs at 500 sq. ft. each. Assuming construction cost of $720K and each new unit renting at $1900/month, this property would perform over 5% cap rate, excellent for San Diego! The Sellers are willing to assist in helping the new owners build the new ADU units and maximize their investment!
Listing information courtesy of: Seth OByrne, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 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.
Location
Contact a Local Realtor®
Dominic Infanger
REALTOR®
Direct: 818.279.3300
Email: Email Me
DRE: 02160760
DRE #01873088
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