This unique 4 unit property encompasses a great mix of (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit, and (1) studio unit. Its prime location ensures high desirability, being just a short walk away from restaurants, coffee shops, Trader Joe’s, and the bay. Quick freeway access, also enhances its appeal to potential renters. Gross income of $95,388 and a net operating income (NOI) of $72,672. Currently operating at a strong 4.4% cap rate. For those looking to expand their portfolio even further, the 2 adjacent buildings are also available – 2037 & 2041 Garnet.
Property Details
Price:
$1,675,000
MLS #:
240014971SD
Status:
Pending
Baths:
0
Address:
2045 Garnet Ave
Type:
Residential Income
Subdivision:
Pacific Beach
Neighborhood:
92109pacificbeach
City:
San Diego
Listed Date:
Jun 28, 2024
State:
CA
ZIP:
92109
Lot Size:
3,232 sqft / 0.07 acres (approx)
Year Built:
1980
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Schools
Interior
Cooling
None
Exterior
Fencing
None
Parking Spots
0.00
Roof
Composition
Stories Total
1
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address2045 Garnet Ave San Diego CA
- Area92109 – Pacific Beach
- SubdivisionPacific Beach
- CitySan Diego
- CountySan Diego
- Zip Code92109
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Courtesy of eXp Realty of California, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2045 Garnet Ave
San Diego, CA
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