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$ 1,295,000
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3860 64 Wilson Ave San Diego, CA 92104
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 260022532SD
HOA Y/N No
Year Built 1955
Property Description
3860–64 Wilson Ave is a well-positioned three-unit multifamily property located in San Diego's desirable 92104 submarket near North Park. Built in 1955, the property offers approximately 1,856 rentable square feet on an oversized 7,224 square foot lot and features an attractive unit mix consisting of one 1Br/1Ba, one 2Br/1Ba, and one 2Br/2Ba unit. Each unit offers in-unit washer & dryer and private yards. Offered at $1,295,000 ($431,667 per unit; $697.74 per SF), the asset provides investors with immediate in-place income, generating approximately $61,684 of NOI and a 4.76% going-in cap rate, with additional upside to approximately $65,234 of NOI and a 5.04% cap rate at estimated market rents.
Location
State CA
County San Diego
Area 92104 - North Park
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4474612400
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Listed by Adrian Gonzalez-Pureco Bridgepoint Realty Inc #01844618
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