2720 Figueroa Boulevard, San Diego, CA 92109
- $2,495,000
- List Price
- $2,495,000
- Status
- ACTIVE
- MLS#
- PTP2606967
- Year Built
- 1969
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 2
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
Turnkey and meticulously maintained, this fully renovated 6-unit multifamily asset will not last long positioned at a 5.7% cap rate and offers a uniform mix of 2-bed/1-bath units with convenient one-to-one parking. Ideally located with quick freeway access and just a few blocks from Mission Bay Golf Course and the bay, the property appeals to tenants seeking both everyday convenience and a lifestyle-driven location. With a low vacancy and an attractive going-in yield, this offering presents a compelling opportunity for investors seeking stable, well-located cash flow in one of San Diego's most desirable pockets.
Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $190,800
- Operating Expense
- 47000
Listing courtesy of Listing Agent: Reese Nickell (reeseknickell@gmail.com) from Listing Office: Freedom Realty.
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