Posts

Showing posts from January, 2021

7 Unit Opportunity in Golden Hill

Image
7 Units on A & 25th Spanish Style. Address  2511 A Street &  1239-49 25th Street San Diego, CA  92102  List Price is $2,200,000 Off Market Opportunity 4 one bedroom  one bath units (in the two duplexes, front buildings facing 25th Street) 3 Large One Bedroom One Bath (800-900 sqft town-homes) 2 parking spaces in the courtyard. 2 of the town-homes are larger, have larger bedrooms and larger walk-in closets. 5 of the 7  units have been updated. See below for interior pictures. Currently, manager has one of the nicer town-homes, the 2 parking spaces in the courtyard- She is paying$ 1,300 and is getting paid 3.5 percent of the gross income. On-site Laundry (Owned) There are 2 versions of the investment summary below. 1st Version Investment Summary Click Here -  7  percent increase in rents & Managers unit turned over and brought to  market 2nd Version Investment Summary Click Here-  All units turned over with aggressive rents. (A...