4755-4757 Terrace Dr - Apartments FOR SALE


San Diego, CA 92116- Kensington
$1,725,000 USD
619-501-4000
4755-4757 Terrace Dr, San Diego, CA for Sale
$1,725,000 USD
Apartments - FOR SALE
1/37
null | Request Cap Rate

4755-4757 Terrace Dr
San Diego, CA 92116
Kensington


HIGHLIGHTS

  • Excellent Kensington location
  • Three separate buildings with no common walls
  • Two of the units remodeled one in original condition

OVERVIEW

Kensington North of Adams! The Cottages! Three separate buildings on one lot. Front building is a 2br 1ba in original condition with washer and dryer and comes with a ONE CAR GARAGE. Current rent w/upside is $1575 and month to month. Middle building is a studio, $2000 per month on a one year lease, completely remodeled with new kitchen and bath and in unit laundry. Mini split for heat and A/C. Back building is a one bedroom one bath with new kitchen and flooring, in the ceiling heat pump for heat and A/C, vintage bath in good shape and a SINGLE GARAGE with washer and dryer. Currently vacant but projected rent is $2395/month. Lots of patio space around each unit. Alley access and close to the Kensington Village! A great opportunity for bread and butter units in a great community. Owner is a California Licensed Broker

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$767 USD /SF

# OF UNITS

3

PRICE/UNIT

$575,000

CAP RATE

Request Cap Rate

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,812 SF

ZONING

-

APN/PARCEL ID

440-542-22

ASK ABOUT THIS PROPERTY

Michael TristaniTristani Real EstateMore Info
619-501-4000

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Michael TristaniTristani Real EstateMore Info
619-501-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.