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$1,185,000
Est. payment /mo
5 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 260022532
Bedrooms 5
Full Baths 5
Year Built 1955
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
MOTIVATED SELLER!! SELLER NEEDS TO SELL BEFORE END OF 2026!! 3860–64 Wilson Ave is a well-positioned three-unit multifamily property located in San Diego's desirable 92104 submarket near North Park. Built in 1955, the property offers approximately 1,856 rentable square feet on an oversized 7,224 square foot lot and features an attractive unit mix consisting of one 1Br/1Ba, a 2Br/2Ba unit, and one 2Br/2Ba SFR. Each unit offers in-unit washer & dryer and private yards. Offered at $1,245,000 ($415,000 per unit; $670.80 per SF), the asset provides investors with immediate in-place income, generating approximately $62,343 of NOI and a 5.01% going-in cap rate, with additional upside to approximately $65,893 of NOI and a 5.3% cap rate at estimated market rents.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 447-461-24-00
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
Virtual Tour https://www.propertypanorama.com/instaview/snd/260022532
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Listed by Adrian Gonzalez-Pureco, DRE#01844618 Bridgepoint Realty Inc
Co-listed byAlexio Barbara • Bridgepoint Realty Inc
Co-listed byAlexio Barbara • Bridgepoint Realty Inc
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