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Listed by Sarita Rivers-Fajardo, DRE #01995563 • RAF Investment Services Inc.
$ 1,250,000
Est. payment /mo
Pending
1014 20 N 47th ST San Diego, CA 92102
10,139 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPTP2606430
Year Built 1961
Lot Size 10,139 Sqft
Source California Regional MLS
Property Description
Prime 5- Unit Investment Opportunity| Central San Diego 1014-20 N. 47th Street, San Diego, CA Unlock exceptional value and multiple revenue streams with this well-maintained 5-unit residential income property in a high-demand San Diego market. Ideal for cash-flow investors and value-add strategists looking for strong current returns paired with immediate income growth potential. Units are priced well below market value, giving the new owner massive opportunity to boost rents. NO LEASES in place, all month to month. Value in new tenants paying market value. Key Highlights& Multiple Income Streams: - 5 Residential Units: Solid multi-family layout with a consistent rental history. - Significant Rental Upside: Rents are currently below market, offering a clear path to increase Gross Operating income as leases renew or units turn over. - On-Site Garages: Dedicated garage spaces provide secure vehicle parking or storage- offering an immediate opportunity to generate extra monthly rent per garage space or bundle them for higher overall residential lease rates. -Owned Laundry Income: Owned on-site Laundry Facilities generate monthly income in steady additional revenue with no third- party lease vendor taking a cut. Pride of ownership ensures low near-term capital expenditures, lettin
Location
State CA
County San Diego
Area 92102 - San Diego
Rooms
Kitchen Garbage Disposal, Other, Oven - Gas
Interior
Cooling None
Laundry Laundry Area
Exterior
Garage Spaces 10.0
Pool None
Others
Tax ID 5414522500
Special Listing Condition Not Applicable
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