515 63rd St - Apartments FOR SALE


San Diego, CA 92114- Encanto
$980,000 USD
619-917-9096
515 63rd St, San Diego, CA for Sale
$980,000 USD
Apartments - FOR SALE
1/8
null | 6.4% Cap Rate

515 63rd St
San Diego, CA 92114
Encanto


OVERVIEW

Opportunity knocks! 2 homes on an over 7,000-foot lot with room for more to come and/or be built. 3 bedrooms and 2 full bathrooms in the back house and 2 bedrooms and 2 bathrooms in the front home. New electrical, new flooring, new plumbing, new windows, new bathrooms and kitchens, and new roof. on-site laundry. Air b n b opportunity, room to build another 2 ADUs with drafted plans available. Blocks from SD trolley. Convenient and central San Diego location within blocks of grocery, dining, retail and salons. Live in one, rent out or air b n b the other, "house hack." So many options to consider and profit from.

FOR SALE DETAILS

PRICE

$980,000 USD

PRICE/SF

$594 USD /SF

# OF UNITS

2

PRICE/UNIT

$490,000

CAP RATE

6.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

515-517 63rd St.

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1933

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,953 SF

ZONING

R4

APN/PARCEL ID

549-072-15

ASK ABOUT THIS PROPERTY

Michael MastroINVESTORS R E SOURCE INCMore Info
619-917-9096

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Michael MastroINVESTORS R E SOURCE INCMore Info
619-917-9096

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