$1,150,000
$1,200,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
4045 47th ST San Diego, CA 92105
2,759 SqFt
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,759 sqft
Price per Sqft $416
Subdivision City Heights
MLS Listing ID NP22032624
Sold Date 06/14/22
HOA Y/N No
Year Built 1985
Lot Size 3,123 Sqft
Acres 0.0717
Property Description
Property is a 4+2 units and is to be sold as is. Title states the building is a 5 unit apartment, Seller states it is a 4+2 unit property totaling 6 units all with individual doors. Property offers a new roof completed 2 years ago, recent new paint job with some of the units have been upgraded to include granite counter tops, new cabinets and vinyl wood flooring. The property was constructed in 1985 and offers approximately 20% upside in rents, stabilizing at a 5.76%. CAP rate.
Location
State CA
County San Diego
Area 92105 - East San Diego
Zoning R4
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Utilities Available Electricity Available
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4714921000
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Terry Moore • Apartment Consultants, Inc.
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442