San Diego, CA 92113,1742 48 Kearney Ave
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San Diego, CA 92113,1742 48 Kearney Ave
San Diego, CA 92113,1742 48 Kearney Ave
San Diego, CA 92113,1742 48 Kearney Ave
San Diego, CA 92113,1742 48 Kearney Ave

$875,000

Est. payment /mo

$925,000

5.4%
Est.Price: ?

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1742 48 Kearney Ave San Diego, CA 92113

7,078 Sqft Lot

SOLD DATE : 08/08/2023

Key Details

Sold Price $875,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 230008538SD

Sold Date 08/08/23

HOA Y/N No

Year Built 2006

Lot Size 7,078 Sqft

Property Description

Fantastic investment opportunity located in Logan Heights. This property consists of (3) units, including a 3-bedroom, 1-bathroom detached home, and (2) 2-bedroom, 1-bathroom units in the back along the alleyway ( 1 bedrooms with a den converted to 2 bedrooms ). The property sits on a 7080 square foot lot and 2124 square feet of livable space. The property also features a detached single car garage with potential to be turned into an ADU. Currently, the property is grossing $6000 per month with an average rent of $1500 for the 2 bedrooms and (4) tenants paying 750 each for the front house ( call for details), making it a 5%+ CAP rate at current rents. The property's close proximity to downtown and the 5 freeway makes it an ideal location for tenants who work in the city or want easy access to the freeway. ( property was not built in 2006 as indicated on tax records, buyer to do their own research on year built and bedroom/bathroom count )

Location

State CA

County San Diego

Area 92113 - Logan Heights

Building/Complex Name 1742 Kearney

Zoning RM 1-1

Interior

Cooling None

Fireplace No

Exterior

Fence Partial

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 5380800500

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Colin Darville • South Coast Commercial, Inc.
Bought with Colin Darville • South Coast Commercial, Inc.

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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