4924-4926 Iroquois Ave - Residential Income FOR SALE


San Diego, CA 92117- Bay Park
$2,595,000 USD
480-326-9233
4924-4926 Iroquois Ave, San Diego, CA for Sale
$2,595,000 USD
Residential Income - FOR SALE
1/51
null | 4.81% Cap Rate

4924-4926 Iroquois Ave
San Diego, CA 92117
Bay Park


HIGHLIGHTS

  • Newly Renovated
  • Fully Occupied

OVERVIEW

Wonderful 4-unit property in the Bay Park area. All 4 units are turnkey and fully occupied. Property consists of 3 -2 bed/1 bath homes and 1 - 1 bed/1 bath home. All have private yards and all renovated in 2022. All kitchen and baths come with quartz counter tops, stainless steel appliances, LVP flooring throughout. All 4 come with their own in unit washer & dryers. All 4 units are individually metered for Gas & Electric. Front building consists of 2 matching units (2 bed/1 bath) and the middle unit is a converted garage to the 1 bed/1 bath unit. The back building was added a few years ago with a downstairs garage with two separate 1 car garages and upstairs is a 2 bed/1 bath unit with a panoramic view of Mission Bay and the ocean. The tenants in the upstairs unit get the use of one of the 1 car garages and one unit in the front gets the use of the other 1 car garage and driveway. One water bill for the property. All tenants pay an additional $45 per month for water bill which averages about $400 every other month. Breakdown of Units 4924 - 2bed/1 bath - 808 sq ft - $3395 - Current rent - Comes with 1 garage space 4926 - 2 bed/1 bath - 808 sq ft - $3150 - Current rent 4928 - 1 bed/1 bath - 484 sq ft - $2450 - Current rent 4930 - 2 bed/1 bath - 768 sq ft - $3595 - Current rent - Detached unit above garage - Comes with 1 garage space

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$905 USD /SF

CAP RATE

4.81%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RM-1-1

APN/PARCEL ID

425-760-20

ASK ABOUT THIS PROPERTY

Mike JonesWhole Life PropertiesMore Info
480-326-9233

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Mike JonesWhole Life PropertiesMore Info
480-326-9233

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