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$ 1,225,000
Est. payment /mo
New
4050 56 Euclid Ave San Diego, CA 92105
UPDATED:
02/06/2025 06:33 AM
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
Listed by Jason Lee • JLM Real Estate Inc