3852 1st Ave, Mission Hills, CA 92103

$2,200,000

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List Price
$2,200,000
Status
ACTIVE
MLS#
260019784SD
Days on Market
0
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Rare opportunity to own a beautifully renovated multi family property in the heart of Hillcrest. The property features a duplex house in the front with a triplex in the back, along with three garages and two additional parking spaces accessed from the alley. Major improvements include a new roof, updated plumbing, updated electrical and high end appliances throughout, allowing a new owner to step into a truly turnkey investment. The property is fully fenced and has a proven Airbnb rental history with strong income and future reservations already in place, providing immediate cash flow potential, subject to local regulations. Whether you’re looking for a high performing investment, a long term hold or an owner occupied opportunity with additional rental income, this is a property that rarely becomes available in such a prime Hillcrest location.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$144,000
Operating Expense
50000

Listing courtesy of Listing Agent: Ali Payam Batiari (campbellcommercial49@gmail.com) from Listing Office: Dalton Wade, Inc..

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.