630 West Washington Street is a 12-unit multifamily property located in the highly desirable rentable market of Mission Hills. The property consists of a single, two-story structure with a large basement as well as a front patio and upstairs sunroom. The 6,688 square foot structure features interior hallways with storage… Read More lockers and four 1 bedroom and eight studio units. The units each have multiple large closets and retain the character of the 1913 construction with built-ins, tile and hardwood floors. Approximately one third of the kitchens have been renovated. The previous owner had an informal agreement for 9 parking spaces in the neighboring parking lot. There is upside for a buyer that can solidify an agreement with the neighbor to secure parking. The property has undergone some renovations including structural work and new windows. Read Less
Courtesy of NorthMarq Multifamily, 858-675-7865, Benn Vogelsang.
Listing Snapshot
Days Online
134
Last Updated
Property Type
Com-Res Income
Lot Size
0.11 Acres
Year Built
177800
MLS Number
250019214
30 Days Snapshot Of 92103
$1.37M
+14%
(avg) sold price
25
-24%
homes sold
38
+80%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1913 years old, 2 stories, 8 studio units, 4 one bedroom units
Expenses
Operating expense: $79,107
Income
Gross operating income: $254,258, Net operating income: $177,800
Lot
Approximately 4,701 lot square feet
Unit One
Individual rent: $1,965, Total rent: $7,860, 1 bathroom, 4 units of this type, 1 bedroom
Unit Two
Individual rent: $1,694, Total rent: $13,550, 1 bathroom, 8 units of this type
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Source: San Diego MLS
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