Listing ID: 210025318
Sold For: $890,000
Status: Closed
Sold Date: 10/29/2021
Address: 712 S 28th St
City: San Diego
State: California
Postal Code: 92113
Acres: 0.123
County: San Diego
Subdivision: Logan Heights
San Diego
CA
92113
Great ‘4-unit’ income property just South of downtown SD in Logan Heights! Units are currently rented well below market-value leaving lots of potential for increased rental income! 2BR/1BA unit in the front house w/ 3 additional 1BR/1BA units on-site; zoned 'R-4' for multiple residential units. Property has 3 SDG&E meters, the 2 front units share utilities while each 1BR in the back have its’ own meter. Water & sewer are currently provided by owner to tenants. Shared washer/ dryer unit on-site. Large driveway w/ 'off-street' parking allowing for up to 4 cars w/ potential space for RV, work trucks, etc. Don't miss out on these 4 units with potential of almost doubling the current rents! Located conveniently close to all Downtown SD has to offer w/ NO HOA; you manage your own investment! Perfect for an owner occupant looking for that extra rental income OR seasoned investor looking to increase the property value & rents! Exterior: Wood/Stucco Unit # for Unit 1: 712 Unit # for Unit 2: 712.5 Unit # for Unit 3: A Unit # for Unit 4: B Number of Furnished Units: 0
Todd Romano
Title: Sales Agent
City: San Diego
State/Province: CA
Zipcode: 92128
Office Phone: (619)471-2000

Primary Features

County: San Diego
Property Type: Residential Income
Subdivision: Logan Heights
Year Built: 1950

Interior

Cooling: no
Cooling Type: None
Heating: yes
Heating Type: Natural Gas, Floor Furnace
Levels: One
Number With Range: 4
Number With Refrigerator: 4
Stories Total: 1

External

Lot Size Area: 5365
Lot Size Source: Assessor
Lot Size Square Feet: 5365
Number Of Buildings: 2
Roof: Composition

Location

Country: US
MLS Area Major: 92113 - Logan Heights
Neighborhood: Logan Heights
Subdivision Name Other: Logan Heights

Additional

Days On Market: 32
List Agent State License: 01803326
List Office State License: 01897784
Lot Size Units: Square Feet
Number Of Units Total: 4
Parcel Number: 5386301800
Security Features: Window Bars
Senior Community: no

Financial

Cap Rate: 4.5
Gross Scheduled Income: 41700
Net Operating Income: 3425
Tenant Pays: Electricity, See Remarks

Zoning Info


Area Info


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Listing courtesy of Todd Romano, DRE #01803326 from Century 21 Award 619-471-2000

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