San Diego, CA 92105,4784 86 Auburn Dr
San Diego, CA 92105,4784 86 Auburn Dr
San Diego, CA 92105,4784 86 Auburn Dr
San Diego, CA 92105,4784 86 Auburn Dr
San Diego, CA 92105,4784 86 Auburn Dr
San Diego, CA 92105,4784 86 Auburn Dr
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$1,040,000

$1,100,000

5.5%
Est.Price: ?

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Est. payment /mo

8,276 Sqft Lot


SOLD DATE : 08/04/2021

Key Details

Sold Price $1,040,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision City Heights

MLS Listing ID 210015183

Sold Date 08/04/21

HOA Y/N No

Year Built 1980

Lot Size 8,276 Sqft

Property Description

BACK ON MARKET! One of the lowest price per unit fourplexes in San Diego County. The property consists of Four spacious - 2bed/1baths averaging - $1,300 a month on a well maintained two story structure, 3 of the 4 tenants are Section 8. Built in 1980's, most of the units are in good condition with one needing light TLC. Recently inspected with no structural issues, roof, plumbing, electrical, foundation and recently cleared for Section 1 termite clearance. The 8,198 sq. ft lot includes four tandem size off-street parking spaces and four extra-large storage spaces that can be rented for additional income along with a back patio barbecue and common area for tenants and guests to enjoy. All leases are month to month, with minor interior upgrades and future rent stabilization this is above a 5.5% CAP. The property is located just south of Talmadge and El Cajon Blvd in City Heights. Tenants enjoy close proximity to places of employment, entertainment, city transportation and recreation. The area has seen considerable improvement over the past decade and will continue to reap the benefits of development and gentrification. This is a great investment for any multi-family investor. Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Unit # for Unit 4: 4 Number of Furnished Units: 0 Frontage: Canyon

Location

State CA

County San Diego

Area 92105 - East San Diego

Zoning R-3

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Fence Partial

Pool None

View Y/N Yes

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4716022300

Financing VA

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California Regional MLS (CRMLS)
Listed by Cameron Ebrahimi • South Coast Commercial, Inc.
Bought with James De Leon • Sentry Residential Inc.
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4016 Grand Ave Suite A # 1082, Chino, CA, 91710, United States

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