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PRICE $1,899,000 BEDS 8 BATHS 4 HOME SIZE n/a LOT SIZE 7,336 sqft Request More Info Schedule a Showing

4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY featuring highly desirable location, unit mix, and low maintenance building offer potential to acquire this impressive asset with unique upside. Unit mix includes 2 units @ 3BR/1BA & 2 units @ 1BR/1BA. Multiple opportunities to increase rents with minor value-add improvements AND potential to add up to 4 additional ADU units on this lot (ADU feasibility study completed & available). Onsite community laundry room provides additional income opportunity. Recently renovated units feature highly desirable quartz countertops, stainless appliances, and premium flooring. Convenient to tons of shopping, multiple light rail stations (green and orange lines), bus stops, and I-8 freeway. Close to San Diego State, Grossmont College, and Grossmont Hospital. Minutes from popular Cowles Mountain and Lake Murray and less than 15 miles to the beach! Downtown San Diego is only 10 miles and University Citys Golden Triangle major employment hub is only 15 milesboth of which are conveniently accessed by light rail in addition to multiple freeway commuting options. Enjoy reduced maintenance and operational expenses. Loan assumptions are easier than ever before and closing in near record times! Inquire for more details on how loan assumptions are dominating this market. Effectively go back in time by assuming the current loan at the historically low interest rate with low gap and profit from substantially expedited principal pay down and lower interest expenses.

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Properties on this website was last updated as recently as 4/14/25 10:18 PM PDT.

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