Sold

2853 59 K St.

San Diego CA, 92102

$1,449,000


Sold

Residential

Built in 1959

Listed by Romina Spinelli with Berkshire Hathaway HomeService 858-459-0501

Great investment opportunity at a competitive price per unit for a 4-plex in San Diego area. Almost all units have been remodeled and upgraded. This property sits on 6,959 sq ft. lot with private wood/iron fences and private yard and patios. This property features 3 separates buildings. Front unit 2859 features 3 Bedrooms -1.5 Baths and was completely remodeled in 2019 with new Vinyl floors, custom kitchen, SS appliances and a private yard. Unit 2857 and 2855 features 1 Bedroom-1 Bath, partly upgraded and good condition, a new water heater and a heater was installed in unit 2857. Back unit 2853, features 2 Bedrooms- 1 Bath, completely remodeled including new vinyl floors, new postings, new kitchen cabinets with new SS appliances, quartz countertops, barn door, lighting, washer/dryer hook up and a brand water heater. All units offer private yards or patios, great feature for rent value. Back units have one parking assigned each inside the property. Property has been well maintained by current owner. All 3 buildings have brand new roof. Property offers all four separate electrical panels. Current rents are lower than market rate. **** Projected Rent:$105,600!!!**** CAP Rate 6%*** Sewer: Sewer Available Unit # for Unit 1: 2859 Unit # for Unit 2: 2857 Unit # for Unit 3: 2855 Unit # for Unit 4: 2853 Number of Furnished Units: 0 Topography: LL

220014044SD

MLS ID

June 5, 2022

Listed

March 23, 2024

Updated

Map

2853 59 K St.
San Diego CA, 92102

Interior Features

Total Stories

1


Appliances

Gas Water Heater


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.16 Acres


Roof

Composition

Other Property Details

Area Name

92102 - San Diego


Days on Market

54


Garage

No


Parking Total

0


View

No


View Description

None


County

San Diego


Pool

No


Pool Features

None


Zoning

R-4


Buyer Agency Compensation

2%

Listing Contact: 858-459-0501 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:51 AM UTC

 

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