942 23rd St - Apartments FOR SALE


San Diego, CA 92102
$3,179,950 USD
619-306-5184
942 23rd St, San Diego, CA for Sale
$3,179,950 USD
Apartments - FOR SALE
1/67
null | 5.5% Cap Rate

942 23rd St
San Diego, CA 92102


OVERVIEW

Fully furnished vacation rental units with strong financial income. High occupancy rate all year! Charming multi-family home nestled in desirable Golden Hill minutes to Downtown San Diego. The property features 6 units, each with its own unique layout and design, providing flexibility for tenants or potential buyers. Whether you're looking for a primary residence with rental income potential or a full-fledged investment property, this home offers versatility and opportunity. Enjoy the convenience of a prime location with Broadway as the cross street offering numerous benefits such as easy access to local amenities, shopping, dining, and entertainment options. The property features upgraded kitchens and bathrooms throughout. Hardwood floors and a large ornamental fireplace in the main unit. Two units have private decks and all units have access to a large rear yard with a mature avocado tree, shaded patio, an outdoor kitchen, fire pit area for mingling, partying as well as a newer spa for relaxation. The property has undergone a $350,000 renovation, including landscaping upgrades in both the front and backyards, creating a mini oasis. All units come fully furnished including appliances with smart locks ready for occupancy. Paid solar panels as well as newer mini split HVAC in each unit. Don't miss out on this fantastic opportunity to own a piece of real estate in a thriving community. Schedule a showing today and explore the potential of 942 23rd St!

FOR SALE DETAILS

PRICE

$3,179,950 USD

PRICE/SF

$1,455 USD /SF

# OF UNITS

6

PRICE/UNIT

$529,992

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R4

APN/PARCEL ID

534-382-12

ASK ABOUT THIS PROPERTY

Roxanne GovariPemberley Realty, IncMore Info
619-306-5184

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Roxanne GovariPemberley Realty, IncMore Info
619-306-5184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.