Property listed by Coldwell Banker Realty, Mirna Carson 619-218-1464
Prime value-add opportunity in a highly desirable location! This well-maintained 4-plex offers strong rental income with significant upside potential. All tenants are on month-to-month leases, providing flexibility for rental increases or redevelopment. Unit Mix & Proforma Rents: Unit 1: 3 Bed / 2 Bath, 1,176 SF –Projected Rent: $3,200 Unit 2: 2 Bed / 1 Bath, 930 SF – Projected Rent: $2,500 Unit 3: 2 Bed / 1 Bath, 875 SF – Projected Rent: $2,500 Unit 4: 2 Bed / 1 Bath, 780 SF – Projected Rent: $2,500 Huge Development Potential! Large 0.49-acre lot with a vacant portion in the back – Ideal for adding more units. Zoning allows for up to 16 units with stunning downtown skyline views! This is a rare find with both immediate rental upside and long-term development potential.
Prime value-add opportunity in a highly desirable location! This well-maintained 4-plex offers strong rental income with significant upside potential. All tenants are on month-to-month leases, providing flexibility for rental increases or redevelopment. Unit Mix & Proforma Rents: Unit 1: 3 Bed / 2 Bath, 1,176 SF –Projected Rent: $3,200 Unit 2: 2 Bed / 1 Bath, 930 SF – Projected Rent: $2,500 Unit 3: 2 Bed / 1 Bath, 875 SF – Projected Rent: $2,500 Unit 4: 2 Bed / 1 Bath, 780 SF – Projected Rent: $2,500 Huge Development Potential! Large 0.49-acre lot with a vacant portion in the back – Ideal for adding more units. Zoning allows for up to 16 units with stunning downtown skyline views! This is a rare find with both immediate rental upside and long-term development potential.
Multifamily
Quadruplex
1979
1
--
0.49
Active
10
-- Sq. Ft.
21,344 Sq. Ft.
Location
- No
- ElectricDryerHookup, GasDryerHookup
- None
- 0
- NearPublicTransit
- 5452600900
Mirna Carson
Coldwell Banker Realty
San Diego
NDP2502748
Average List Price
$812,319
5%
Average Sale Price
$806,728
6%
Days on Market
69
19%
Homes Sold
36
23%
Median List Price
$679,000
3%
Median Sale Price
$705,000
4%
Sale/Price Ratio
99%
2%
Homes for Sale
25
8%
Nearby homes for sale
Based on information from California Regional Multiple Listing Service, Inc. as of 04/01/2025 10:27 PM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Sunita Gurung Easterday, CALDRE 01975888, Realoq Inc., CALDRE 02221797, 877-798-2005, 2001 Clayton Road Suite 200, Concord, CA 94520