$495,000
Investor special with strong upside potential! Triplex situated on a 6,592 sf lot offering multiple value-add opportunities. Property consists of two 1BR units and one 2BR unit with significant rental upside. Ideal for experienced investor, contractor, or developer looking to reposition, renovate, or explore future development potential. Large lot may offer additional possibilities (buyer to verify). Convenient location with access to major transportation routes and urban amenities. Property is located in an Opportunity Zone which may provide potential tax benefits. Sold in as-is condition. Property presents a rare opportunity to acquire a multi-unit asset with below-market rents and substantial repositioning potential. Existing improvements total approximately 1,796 sq. ft. across three units. No current leases in place (month-to-month tenancies). Buyer to assume property in current condition. Ideal for cash or hard money buyer. Property may not qualify for conventional financing.
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Listed by Greg Flaherty with Penny Realty (858) 692-0185
Property Type
Residential Income
Status
Active
MLS Number
260008073SD
Year Built
1952
Lot Size
6,591 sq ft