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- MLS#200039656
- TypePending
- CountySAN DIEGO
- CitySan Diego
- AreaMetro Uptown
- NeighborhoodMetro Uptown
- Zip92115
- Style
- Price$ 2,375,000
- Bedrooms17
- Full Bathrooms9
- Half Bathrooms0
- Sqr Footage7192
- Lot Size7,689 SqFt
Listing Provided Courtesy Of:
Marcus & Millichap
Property Description
Back on the Market. Buyer unable to perform because of Heath Reasons. Property shows extremely well. Stable Rents throughout Covid. 49th Street Villas is a 9 Unit turn-key apartment building, that was constructed in 1975. The properties interior and exterior were completely renovated in 2017. The property sits a half block south of El Cajon Blvd in the high demand rental market of City Heights. The unit mix comprises (8) spacious 2BR/1BA and (1) 1BR/1BA unit. A new Investor will be taking possession of a very well maintained building with no deferred maintenance. Rents are currently about 5-10 percent below market. Ownership has not raised rents in 2019 or 2020 so far. The current owner has rents set at market or just below and has collected 100% of rents during COVID 19.
Price History | |
---|---|
8/17/2020 | Listed $2,375,000 |
General Features
# Of Units (1) | 1 |
---|---|
# Of Units (2) | 2 |
# Of Units (3) | 3 |
# Of Units (4) | 4 |
# Of Units (5) | 5 |
# Of Units (6) | 6 |
# Of Units (7) | 7 |
# Of Units (8) | 8 |
# Of Units (9) | 9 |
Sale/rent | For Sale |
Tenant Pays Electric | y |
Tenant Pays Gas | y |
Tenant Pays Water | n |
Total Units | 9 |
Zoning | R-4 Mult |
Interior Features
# Of Units W/disposals | 9 |
---|---|
# Of Units W/drapes | 9 |
# Of Units W/ranges | 9 |
# Of Units W/refrigerator | 9 |
Baths in Unit 1 | 1.0 |
Baths in Unit 2 | 1.0 |
Baths in Unit 3 | 1.0 |
Baths in Unit 4 | 1.0 |
Baths in Unit 5 | 1.0 |
Baths in Unit 6 | 1.0 |
Baths in Unit 7 | 1.0 |
Baths in Unit 8 | 1.0 |
Baths in Unit 9 | 1.0 |
Bedrooms in Unit 1 | 1 |
Bedrooms in Unit 2 | 2 |
Bedrooms in Unit 3 | 2 |
Bedrooms in Unit 4 | 2 |
Bedrooms in Unit 5 | 2 |
Bedrooms in Unit 6 | 2 |
Bedrooms in Unit 7 | 2 |
Bedrooms in Unit 8 | 2 |
Bedrooms in Unit 9 | 2 |
Units w/Dishwashers | 9 |
Exterior Features
Car Port | 4 |
---|---|
Lot Size Area | 1.5 through 2.5 Acres |
Number of Buildings | 2 |
Total Parking | 12 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool