Turnkey Multi-Unit Investment in High-Demand University Heights / Hillcrest Adjacent Community Rarely available and fully reimagined, this turnkey 1920s multi-unit property offers the ultimate hands-off addition to your investment portfolio. Situated in one of San Diego’s most desirable and high-demand rental markets, this triplex has been completely rebuilt from the… Read More ground up, blending historic charm with modern luxury. Boasting a brand-new foundation, a new roof, and premium modern upgrades throughout, this fully leased property delivers immediate, stabilized cash flow with zero deferred maintenance. Property Highlights • The Location: Nestled on the border of University Heights and Hillcrest. Walkable to vibrant dining, cafes, nightlife, and boutique shopping, while offering quick access to major highways and downtown. • The Infrastructure: Almost completely rebuilt. Features a brand-new foundation, new roof, individual tankless water heaters for every unit, and modern energy-efficient upgrades. • The Income: Fully leased to quality tenants. Your portfolio is ready for this seamless, revenue-generating asset from day one. Investor Advantages • Zero CapEx Needed: With a new foundation, roof, plumbing, and mechanical systems, enjoy years of low-maintenance ownership. • Premium Tenant Amenities: In-unit laundry and individual tankless water heaters maximize tenant retention and command top-market rents. • Stabilized Asset: Skip the lease-up phase. Collect rental income immediately upon close of escrow. Read Less
Courtesy of Keller Williams SanDiego Metro, 619-233-5935, Amanda A Allen.
Listing Snapshot
Days Online
10
Last Updated
Property Type
Res Income 2-4 Units
Beds
6
Full Baths
5
Square Ft.
2,656
Lot Size
0.16 Acres
Year Built
1920
MLS Number
260026104
Additional Details
Building
Built in 1920, Living area units: Sqft, 1 building, 3 stories, Levels: 3 Story, Construction Materials: Stucco
Community
N/K
Cooling
Zoned Area(s), Other/Remarks
Expenses
Operating: $21,000
Fence
Partial
Heating
Zoned Areas, Other/Remarks
Income
Gross ScheduledIncome: $10,000
Lot
0.16107 acres
Property
Valley/Canyon
Roof
Composition
Security Features
N/K
Taxes
Parcel Number: 4443732700
Tenant Pays
Sewer, Water, Cable TV, Electricity, Gas/Propane, Hot Water
Utilities
Sewer Connected, Water Source: Meter on Property
Find The Perfect Home
'VIP' Home Finder
Whenever a listing hits the market that matches your criteria you will be immediately notified.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Based on information from the San Diego MLS /Association of REALTORS®
as of . 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.
Source: San Diego MLS
Confirm your time
Fill in your details and we will contact you to confirm a time.