4050 56 Euclid Ave new

San Diego,CA 92105

$ 1225000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision City Heights

MLS Listing ID 250018250SD

HOA Y/N No

Year Built 1925

Property Description

Presenting an exceptional investment opportunity on Euclid Ave in San Diego, CA, this 4-unit property offers great rental potential in a prime location. The property features a spacious two-bedroom front house, complemented by a newly built ADU and two additional units. Made up of 4 separate structures, it provides enhanced privacy and flexibility. With rents already almost at market levels, this property promises strong rental income potential. Current monthly income is $6,628 (including rent increases taking place 3/1). One studio is a new construction garage conversion, while the other is a newly constructed ground-level studio. The 2bd/1ba and 1bd/1ba units offer value-add potential for further growth. There is a long driveway for convenient parking, and the back units are securely enclosed by a gate for added privacy. Situated in a sought-after San Diego neighborhood, this property is close to schools, shopping, dining, and offers easy access to major highways, making it a highly desirable location. Don't miss out on this unique opportunity!

Location

State CA

County San Diego

Area 92105 - East San Diego

Building/Complex Name City Heights

Interior

Cooling None,See Remarks,Wall/Window Unit(s)

Fireplace No

Exterior

Fence None,Partial

View Y/N No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4714922300

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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