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4035 Chamoune Avenue, San Diego, CA

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4035 Chamoune Avenue

San Diego, CA 92105 - Teralta East MF Submarket

Property Type:Multi-Family Number of Units:5 Status:Existing Year Built:1958
Stories:2 Building Size:2,908 SF Land Area:.14 AC (6,098 SF)
For Sale Price:$1,090,000 Price/Unit:$218,000.00 Cap Rate:5.00 % GRM:13.80

Parking:1.03 Parking Spaces / 1,000 SF

Sale Notes:
Major renovation just completed with fantastic finishes. Own a 5 CAP, low maintenance apartment in City Heights area of San Diego. Consisting of four 1 bedroom/1 bath apartments in a separate building on Chamoune which includes new fencing, private parking, courtyard. The rear house or the 5th unit is a spacious 2 bedroom / 1.5 bath with vaulted ceilings, large private hardscaped courtyard, private parking (possible tandem) in the rear.
All units include energy efficient windows, fixtures, new kitchens, appliances (all stainless steel with microwaves, dishwashers, gas stoves), undermount sinks and QUARTZ countertops. New wall heaters and water heaters as well. Property has termite clearance. Rare opportunity for turn key investor in an area of San Diego that is under a Renaissance.

City Heights is a multi-cultural workforce area of San Diego that is the path of gentrification. Minutes to all amenities of San Diego and public transportation including close proximity to San Diego State Univ and 15 minutes to the beach.

Immobilier Funds
Scott DeGoler
(619) 987-5044

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