Golden Hill, CA 92102

$5,500,000
2
BD
Sold Price
$5,500,000
List Price
$5,150,000
Closing Date
Aug 14, 2017
Days on Market
95
Status
SOLD
MLS#
170025871
Bedrooms
2
Lot Size(apprx.)
14,008
Property Type
Multifamily

Property Description

2421-27 E street, a 20-unit multifamily investment opportunity in Golden Hill, one of San Diego’s most historic urban neighborhoods known for its variety in architectural styles, view of the bay and ocean, and close proximity to downtown San Diego and Balboa Park. This two parcel, two building property resting on a 14,008 square foot lot. Built in 1952, this property consists of a desirable mix of all 1-bedroom units, approximately 450 square feet each, totaling 9,000 rentable square feet. Each unit features hardwood flooring, tile counters, renovated bathrooms, newer appliances, and electrical wiring. The two-story property’s exterior has recently been renovated. Renovations include a new wrought iron fence and gates enclosing and securing the property, new concrete entry and side columns covered in wood, new paint on stucco, stairs, and railings, and new matching light fixtures with LED lights for all tenants.

Additional Information

Annual Expense Actual
1952
Financing
Cash
Lot Size
14,008
Style
Com-Res Income

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Calculator source: Real Geeks

Listing courtesy of Marcus & Millichap

Selling Office: Marcus & Millichap.