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KLAUBER APARTMENTS

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KLAUBER APARTMENTS

Price
$830,000
1676 Klauber Avenue, San Diego, CA, 92114
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  • Details :
  • Price : $830,000
  • Units : N/A
  • Cap Rate : N/A %
  • GRM : N/A
  • Property Type: 2-4 Units
  • Property Sub Type: Triplex
  • Building Size : 5,600 sf
  • Parking : Off-Street Parking
Description :

This a six (6) unit apartment complex in the high-demand submarket of North Encanto – located in Southeast San Diego.  The subject property is situated on two (2) separate parcels, each lot is approximately 10,000sf.  The unit mix of these 2-triplexes consist of all 2 bdrm/1bath units approximately 900sf each.

This is an opportunity for an investor to acquire two adjacent triplexes (6 units total) with the ability to secure long-term fixed residential financing.   The current rents are approximately 20% below the market allowing a new owner to increase rents to market levels as improvements are made to the units.

  • High Demand Rental Location – North Encanto
  • Excellent Unit Mix – ALL 2/1’s
  • Spacious Floor Plans (900+sf)
  • Upside In Rental Income
  • Opportunity for 30-Yr Fixed Financing (75% LTV)

Attachment :