Save to Favorites

Print

Share

Share via

Twitter

Facebook

Email

Email a Friend

Your Email

Friend's Email

Note

Are You Human? 1 + 1 =

View Virtual Tour PRICE $1,884,000 BEDS 8 BATHS 4 HOME SIZE n/a LOT SIZE 7,336 sqft Request More Info Schedule a Showing

DID YOU KNOW? VA Buyers currently approved for approximately $1,000,000+ could likely be approved (due to lower rate & monthly payment) to to take over the lucrative 4.625% ASSUMABLE VA LOAN on this 4-UNIT MULTIFAMILY with very low down/gap required--Inquire for details and specifics of assumption process. Be the envy of every traditional multifamily investor today! Ask about our proven track record getting these assumptions closed quickly and smoothly--it is not as difficult as the internet rumors make it sound. BETTER THAN ZERO DOWN! Enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming. Investment minded buyers love the numbers, potential, & projected returns on this one. Unbeatable returns compared to recent sales!! However, only buyers with full VA entitlement/eligibility to are being considered for the lucrative loan assumption option (multiple offers to assume from non-VA buyers already received and are not being considered at this time--non-VA buyers welcome to offer for cash/new loan). Low maintenance building, highly desirable location, and low operating expenses. Desirable unit mix: 2 of the 4 units are 3BR/1BA each, and 2 of the 4 units are 1BR/1BA. Multiple opportunities to increase NOI & rents with minor value-add improvements AND potential to add 4 additional ADU units (ADU feasibility report available). Onsite community laundry room provides additional income opportunity. Recently renovated units feature quartz countertops, stainless appliances, & premium flooring. Convenient to shopping, multiple light rail stations (green & orange lines), bus stops, & I-8 freeway. Close to San Diego State, Grossmont College, & Grossmont Hospital. Minutes from popular Cowles Mountain & Lake Murray. Less than 15 miles to the beach! Downtown San Diego is only 10 miles & University Citys Golden Triangle major employment hub is only 15 milesboth of which are conveniently accessed by light rail or multiple freeways. Loan assumptions are easier than ever before and closing in near record times! Effectively go back in time by assuming the current loan at the historically low interest rate and the low gap means you can buy for LESS CLOSING COSTS out of pocket compared to a new VA loan! Profit from substantially expedited principal pay down & lower interest expenses = Exponential revenue growth and internal rate of return.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©2025 Sandicor®, Inc.

Properties on this website was last updated as recently as 9/1/25 7:40 AM PDT.

This IDX solution is (c) Diverse Solutions 2025.