UNITED STATES / CA / San Diego / Metro Uptown

4181 37th Street

San Diego, CA 92105

$1,775,000
PRICE
2
BEDS
2
BATHS


​​​​​​​MLS ID: 170059513

About 4181 37th Street

Projected 5.42 Cap / 12.83 GRM. 4181 37th St. is an attractive 7 unit building in the high demand Central San Diego rental market. The subject property has recently undergone an extensive renovation offering new ownership an essentially turnkey operation from day one. Situated on a 6,992 square foot lot, the property consists of an excellent unit mix of four (4) large two-bedroom/two-bath units, and three (3) one-bedroom/one-bath units. In addition to their spacious and remodeled units, residents also enjoy an on-site laundry room, on-site parking (11 spaces), and a well kept courtyard area with secured entry. There are two (2) single garages in the front with additional income potential. The subject property is ideal for the investor looking for an asset in a very desirable rental market in Central San Diego with predictable cash flow. With continued upwards pressure in rental growth, one should expect solid returns on this property for years to come. Assumable $1,176,000 loan at 3.360% for 3 remaining years.

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Features

General:
0.16 Acres, 2 Stories
Number of Units:
7
Price Per Unit:
253571
SqFt of Improvement:
5468

Location

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