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Multifamiliar (2-4 unidades)Número de MLS: #250000273
Exceptional Investment Opportunity in Cherokee Point Fully Renovated 5-Unit Property This fully renovated, turnkey 5-unit multifamily property in Cherokee Point offers an exceptional blend of modern upgrades and investment potential. The property features three detached 2-bedroom, 1-bathroom craftsman cottages with private yards and laundry hookups, along with a two-story duplex comprising two 1-bedroom, 1-bathroom units that share a common laundry room. Four single-car garages provide additional income potential, with a feasibility study confirming their conversion into two accessory dwelling units (ADUs). All units have been thoughtfully updated with new kitchens, appliances, new roofs, windows, flooring, lighting, fresh paint, bathrooms, electrical, plumbing, and HVAC systems. The landscaped community includes outdoor seating areas, a dog run, automatic sprinklers, mature trees, and a block wall with a secure privacy gate, ensuring an inviting and safe environment. Currently fully leased with 12-month contracts at market rates, the property offers immediate cash flow with a 5.86% cap rate. Located in a Transit Priority Area (TPA), it also has significant upside potential, with zoning allowing for up to 16 additional units. A feasibility study is available, detailing costs and timelines for expansion and garage conversions. Less than a block from a park and school, this gated property is ideal for investors, multigenerational living, or owner-occupancy with rental income. Don t miss this rare opportunity to acquire a stabilized asset with future growth potential.Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
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Amenidades: | Puerto |
Equipamiento: | Secadora, Cocina, Heladera |
Estilo arquitectónico: | Otro |
Sistema de refrigeración: | Aire acondicionado por zonas |
Tipo de fachada exterior: | Estuco |
Sistema de calefacción: | Sujeto a ordenamiento territorial |
Área del lote: | 0.16 Acres |
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Escuela primaria
CENTRAL ELEMENTARY SCHOOL
0.2
MillasVer detalle
Escuela secundaria (ciclo básico)
WILSON MIDDLE SCHOOL
0.1
MillasVer detalle
Escuela secundaria (ciclo superior)
HOOVER HIGH SCHOOL
0.8
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Health Sciences High And Middle College | 0.1 mi | Public | 9-12 | B- |
Cherokee Point Elementary School | 0.3 mi | Public | KG-5 | B- |
Edison Elementary School | 0.4 mi | Public | KG-5 | B |
Franklin Elementary School | 0.6 mi | Public | KG-5 | D+ |
Normal Heights Elementary School | 0.6 mi | Public | KG-5 | C+ |
Adams Elementary School | 0.8 mi | Public | KG-5 | C |
Joyner Elementary School | 0.8 mi | Public | KG-5 | C+ |
Rosa Parks Elementary School | 0.9 mi | Public | KG-5 | C |
San Diego Global Vision Academy | 0.9 mi | Public | KG-8 | A- |
St Didacus School | 0.9 mi | Private | PK-8 | |
Clark Middle School | 1.0 mi | Public | 6-8 | C |
Euclid Elementary School | 1.1 mi | Public | KG-5 | B- |
St Patrick School | 1.2 mi | Private | PK-8 | |
Mckinley Elementary School | 1.2 mi | Public | KG-5 | A- |
Ibarra Elementary School | 1.3 mi | Public | KG-5 | C+ |
Hamilton Elementary School | 1.3 mi | Public | KG-5 | C+ |
Jefferson Elementary School | 1.3 mi | Public | KG-5 | B- |