21
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$1,395,000
Est. payment /mo
5 Beds
5 Baths
New
4225 Central Avenue San Diego, CA 92105
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 260018638
Bedrooms 5
Full Baths 5
Year Built 1940
Property Sub-Type Res Income 2-4 Units
Property Description
Situated on an approximately 6,248-square-foot lot, 4225–4231 Central Avenue is a stabilized, cottage-style multifamily property in central San Diego. The property generates $9,294 in current monthly gross income and provides five off-street parking spaces. Four of the five operating units have been fully or partially improved, with updated kitchens, flooring, appliances, bathrooms, exterior paint, fencing and landscaping. Additional upside exists through future renovation of the remaining original-condition cottage and potential rent growth. Conveniently located near Kensington, Teralta Park, neighborhood restaurants, Downtown San Diego, I-805 and SR-15. The property consists of four permitted dwelling units currently configured and operated as five rental units. The permitted 3-bedroom/2-bath main house has been divided without permits into a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit. The remaining permitted units consist of two detached 1-bedroom/1-bath cottages and one detached studio cottage. Listing agents Taylor Kettlewell and Christopher Roberson hold an ownership interest in the property. Property is offered in its present as-is condition. Buyer to independently verify permits, unit configuration, square footage, zoning, income, expenses, condition and development potential.
Location
State CA
County San Diego
Community Gated Community, Laundry Facilities
Area Metro Uptown
Interior
Heating Radiant
Fireplace No
Exterior
Fence Full
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4547420800
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Richard T Kettlewell, DRE#01916825 Endeavor
NEARBY SCHOOL & BUSINESS
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