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$1,165,000
$1,175,000 0.9%
Est. payment /mo
6,250 Sqft Lot
Sold on 04/01/2025
4281 87 51St St San Diego, CA 92115
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Key Details
Sold Price $1,165,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision City Heights
MLS Listing ID 250020691SD
Sold Date 04/01/25
HOA Y/N No
Year Built 1959
Lot Size 6,250 Sqft
Property Description
Turnkey 4-Unit Investment Opportunity in City Heights An incredible opportunity to own a fully renovated four-unit apartment complex in City Heights. Each unit has been thoughtfully updated with new flooring, modernized kitchens, and stylishly upgraded bathrooms. Featuring expansive living rooms with cozy fireplaces and gorgeous wood ceilings, Shared laundry for each building, dedicated parking spots for each unit, and exclusive yard spaces for storage or outdoor living, these units offer both comfort and convenience for tenants. Situated in a fully gated complex, this property provides a secure and inviting environment. With the potential to bring in $11,200/ month this makes it an excellent choice for investors seeking strong rental potential. Conveniently located near SDSU, major freeway access, shopping, dining, and everyday essentials, this is a prime location for steady occupancy and passive income. A true turnkey investment in one of San Diego's rapidly growing neighborhoods.
Location
State CA
County San Diego
Area 92115 - San Diego
Building/Complex Name none
Zoning R-3:RESTRI
Interior
Heating Combination, Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Pool None
View Y/N Yes
View None
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4721620200
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Listed by Seth Struiksma • Compass
Bought with Jamie Blakely • Compass
Bought with Jamie Blakely • Compass