
Seller's Agent in 2018
Robert Nourani
Balboa Real Estate Inc
(619) 222-3334
12 Total Sales
*1st time advertised* 7.1 cap rate *100% occupied 4 unit cottage complex *8 parking spots + 2 car garage *4 different street addresses *Central & high demand area *Street & alley access *4 electric meters & 4 gas meters *Near freeway 8, 15, 805 & 94 *No smelly carpet only tiles, hardwood floor & laminate. ***1st time advertised *** 7.1 cap rate ***Have an easy continuous income with this low-maintenance cottage complex ***Since the cottage are separate from each other, it gives extra privacy to the tenants, & helps to have higher paying tenants for a long time ***The extra privacy between tenants reduces potential tenant conflicts ***Each of the 4 units are 1 bedroom with separate kitchen and bathroom ***High demand rental area & units have always been full since purchased 6 years ago ***Monthly rent income of $5,104 ***The seller pays monthly $145 for water, $83 for insurance & $491 for property tax ***1 of units has private washer & dryer & there is a common laundry for the other 3 units in the complex***Never had any police report, forced entry, etc. ***There is a security gate in the front & alley
Last Agent to Sell the Property
Balboa Real Estate Inc License #01350632 Listed on: 09/07/2018
Last Buyer's Agent
Teresa Johnson
Premiere Properties License #02001335
Home Type
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Utilities
Listing and Financial Details
Overview
Pet Policy
Additional Features
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/01/2018 11/01/18 | Sold | $790,000 | -1.1% | $385 / Sq Ft |
09/10/2018 09/10/18 | Pending | -- | -- | -- |
09/07/2018 09/07/18 | For Sale | $799,000 | -- | $389 / Sq Ft |
Seller's Agent in 2018
Robert Nourani
Balboa Real Estate Inc
(619) 222-3334
12 Total Sales
T
Buyer's Agent in 2018
Teresa Johnson
Premiere Properties
Source: San Diego MLS
MLS Number: 180050362