3966 Teak St, San Diego, CA 92113

5 Unit Apartment Building | $1,799,000 ($359,800/Unit) | 5.55% Cap Rate | San Diego, CA 92113

Asking Price $1,799,000

Property Type: Multifamily
Square Feet: 3,182 SF

Listing Contacts

Jordan Concepcion

Verified Profile

Property Info

Property Overview

5 Turn Key Units Comprised of a Detached 2BR/1BT, 4-1BR/1BT
Low Maintenance Property in Strong Rental Market
Recently Renovated w/ New Roof on Back Building
Updated Units w/ Tankless Water Heaters and A/C Units
2BR/1BT Detached Lives like a SFR w/ No Shared Walls, Outdoor Space, & Laundry
Potentially for an Owner-User
26% Achievable Upside in Rents w/ Minimal Renovation Required
Perfect for Exchange Buyer from Residential/Duplex to 5+ Units

Property Details

Class: C
Year Built/Renovated: 1953/2022
Stories: 2
Lot Size (sq. ft): 6,534 SF
Units: 5

Highlights

Low Maintenance Property w/ Most Renovations Already Completed
26% Upside in Rents w/ Little Renovation Needed
Detached 2br/1bt House w/ Upside in Rent
Tankless Water Heater Heaters and AC Units

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