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Additional details
Listed by Frank Karako • LPT Realty, Inc.
$1,899,000
Est. payment /mo
7,336 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2502568
Originating Board California Regional MLS
Year Built 2000
Lot Size 7,336 Sqft
Property Sub-Type Fourplex
Property Description
4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY offering highly desirable location. Low maintenance building with low operating expenses. Desirable unit mix includes 2 units @ 3BR/1BA & 2 units @ 1BR/1BA. Multiple opportunities to increase rents with minor value-add improvements AND potential to add 4 additional ADU units (Ask to see the ADU feasibility study). Onsite community laundry room provides additional income opportunity. Recently renovated units feature quartz countertops, stainless appliances, & premium flooring. Convenient to tons of shopping, multiple light rail stations (green & orange lines), bus stops, & I-8 freeway. Close to San Diego State, Grossmont College, & Grossmont Hospital. Minutes from popular Cowles Mountain & Lake Murray. Less than 15 miles to the beach! Downtown San Diego is only 10 miles & University City's "Golden Triangle" major employment hub is only 15 miles-both of which are conveniently accessed by light rail or multiple freeways. Loan assumptions are easier than ever before and closing in near record times! BETTER THAN ZERO DOWN! Enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming. Effectively go back in time by assuming the current loan at the historically low interest
Location
State CA
County San Diego
Area 91942 - La Mesa
Interior
Laundry Community Facility
Exterior
Parking Features Assigned Spaces, Common Parking Area, Off-Street Parking, Other
Garage Spaces 6.0
Pool None
Building
Lot Description Paved
Others
Tax ID 4700913000
Special Listing Condition Not Applicable
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