$2,525,000
Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $13,065 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex with paid off solar. Utah St has plenty of onsite parking both in front and on alley as well as in unit washer and dryers. It’s a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property.
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Listed by Lionel Correia with LPT Realty, Inc. (877) 366-2213
Property Type
Residential Income
Status
Active
MLS Number
PTP2506548
Year Built
2020
Lot Size
4,665 sq ft