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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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County
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School Ratings & Info

Description

Back on Market! Subject to cancellation of current escrow - no fault of property. Situated in the heart of Normal Heights thriving community just one block off Adams and walking distance to 30th St. with a Walk Score of 89, this property consists of one 2-bedroom single family home and three 1-bedroom units, on a full size lot with 7 parking spaces! Current cap rate of 4.2% but with just one unit doing short term rentals you would easily be at 4.7%. The property was extensively updated within the last 3 years and is absolutely turnkey. Drought resistant, low maintenance landscaping was recently installed. Top notch long term tenants that are all current on their rents! Easy access to downtown, airport, schools, shopping and entertainment. Recently appraised at $1.75M, see documents. Number of Furnished Units: 1

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/117035347
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4567 4571 Felton St San Diego, CA 92116

  • Price: $1,695,000
  • Status: Active
  • ID#: 210012542
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Beds
0
Baths
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½ Baths
0.15
Acres
1922
Built
Neighborhood:
Normal Heights
County:
San Diego
Area:
92116 - Normal Heights
Property Description
Back on Market! Subject to cancellation of current escrow - no fault of property. Situated in the heart of Normal Heights thriving community just one block off Adams and walking distance to 30th St. with a Walk Score of 89, this property consists of one 2-bedroom single family home and three 1-bedroom units, on a full size lot with 7 parking spaces! Current cap rate of 4.2% but with just one unit doing short term rentals you would easily be at 4.7%. The property was extensively updated within the last 3 years and is absolutely turnkey. Drought resistant, low maintenance landscaping was recently installed. Top notch long term tenants that are all current on their rents! Easy access to downtown, airport, schools, shopping and entertainment. Recently appraised at $1.75M, see documents. Number of Furnished Units: 1
Exterior Features

Fencing None Parking Total 0 Roof Composition

Interior Features

Cooling None Cooling YN No

Property Features

Association Fee 0 Cap Rate 4.2 Gross Scheduled Income 101100 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFhaVa Loan Net Operating Income 78825 Senior Community YN No Tenant Pays See Remarks Zoning R-3:Restri

Listing provided courtesy of Scott Demoss of Big Block Realty, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395