$1,030,000
$1,045,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
3860 45th Street San Diego, CA 92105
Key Details
Sold Price $1,030,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 260010557SD
Sold Date 06/25/26
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
5 Units in City Heights. This is the best-priced deal on the market, low $/Unit at only $209K/Unit with a strong in-place 6.32% Cap Rate and 10.44 GRM w/ upside. With many recent upgrades, this offering boasts a strong in-place cap rate with future upside my updating a couple of the units. The unit mix consists of a 2Bedroom/2Bathroom unit, a spacious detached 1Bedroom/1Bathroom house, two 1Bedroom/1Bathroom units that are in a stacked two-story structure in the middle of the property and a smaller 1Bedroom/1Bathroom unit in the rear of the property. ProForma Cap Rate: 7.34% and ProForma GRM: 9.36
Location
State CA
County San Diego
Area 92105 - East San Diego
Zoning CUPD-CT-5-
Interior
Heating See Remarks
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 2
Others
Tax ID 4715712400
Financing Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Anthony Mendes The Mendes Company
GET MORE INFORMATION