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Listed by Tanya Parks, DRE #01961090 • Compass
$1,570,000
Est. payment /mo
5,249 Sqft Lot
Price Dropped by $15K
4581 Georgia ST San Diego, CA 92116
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNDP2602771
Year Built 1977
Lot Size 5,249 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Set on a 5,249 SF lot in one of San Diego's most sought-after urban neighborhoods, this well-maintained, fully leased, independently metered triplex delivers compelling income from day one. The front home and all units are clean and charming. Floor plans used in lieu of photography to respect tenant privacy. Multi-family inventory in University Heights is critically constrained and properties like this rarely come to market. New roof in 2024. Newer water heater. Main House - 1,334 SF | 3BD/2BA | Bonus office/flex space, enclosed sunroom, in-unit laundry, full kitchen, large porch, and unique finishes throughout. Unit A - 529 SF | 1BD/1BA | Full kitchen, quality appliances, laminate flooring, light and bright Unit B - 546 SF | 1BD/1BA | Full kitchen, quality appliances, laminate flooring, charming and well cared for Pro forma rents have potential reach $9,400/month, $112,800 annually - representing $2,210/month in projected upside as leases roll to market. Estimated pro forma cap rate: 4.36%. On-site laundry, 615 SF storage, 4 parking spaces, 3 are covered carport spaces with storage and alley access. University Heights delivers walkable Park Boulevard living - independent restaurants, craft breweries, coffee shops, and live music steps away. Old Trolley Barn Park nearby.
Location
State CA
County San Diego
Area 92116 - Normal Heights
Interior
Heating Wall Furnace
Laundry Gas Hookup, In Laundry Room, 30, Washer, Dryer
Exterior
Garage Spaces 4.0
Pool None
Others
Tax ID 4451320400
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