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Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 832 sqft
Price per Sqft $2,223
Subdivision Chula Vista
MLS Listing ID 220011995
Sold Date 06/27/22
Bedrooms 8
Full Baths 5
HOA Y/N No
Year Built 1957
Lot Size 9,527 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Looking for Cash Flow? You wont find a better turn key fourplex at this price generating this much cash flow. Completely renovated, turnkey 4Plex cottages located minutes away from the touted billion dollar bay front project and downtown 3rd Ave. This property is positioned to appreciate in the path of progress in the coming years. Rare opportunity to own a turnkey asset generating over $10,800/mo for under $2 Mil in all of San Diego! Each Unit consists of 2 bedrooms, with small yards, off street parking & washer / dryer hookups. Perfect rental product for tenants. Full interior and exterior renovations have recently been completed in 2022 that have secured premium market rates generating over $130,000/yr in Gross Rental Income. Great long term investment to add to your portfolio.
Location
State CA
County San Diego
Community Chula Vista
Area Chula Vista (91910)
Building/Complex Name 81 Oaklawn
Exterior
Exterior Feature Stucco
Fence Partial
Roof Type Composition
Building
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, VA
Space Rent $2,850
Listing Terms Cash, Conventional, VA
Financing Cash
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Bought with OUT OF AREA • OUT OF AREA - NON MEMBER