3867 Menlo Avenue
San Diego, CA, 92105
$1,389,500
Beds
0 Baths
SqFt
0.13 Acres
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3865-71.5 Menlo Ave possesses 4 units consisting of a detached 2 Bed / 1 Bath House, (3) 1 bed / 1 bath units, community laundry room, and 5 off-street parking spaces. The property produces a strong $107,772 Gross Scheduled Income with a Net Operating income of $79,315 yielding an above market true 5.69% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents. The contiguous 10 unit property 3877 Menlo Ave is also available for sale with the same ownership.

Property Details

Price:
$1,389,500
MLS #:
PTP2503727
Status:
Active
Baths:
0
Address:
3867 Menlo Avenue
Type:
Residential Income
Neighborhood:
92105eastsandiego
City:
San Diego
Listed Date:
Apr 15, 2025
State:
CA
ZIP:
92105
Lot Size:
5,863 sqft / 0.13 acres (approx)
Year Built:
1960
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Rover IDX
3867 Menlo Avenue
San Diego, CA