San Diego, CA 92109,2045 Garnet Ave
San Diego, CA 92109,2045 Garnet Ave
San Diego, CA 92109,2045 Garnet Ave
San Diego, CA 92109,2045 Garnet Ave
San Diego, CA 92109,2045 Garnet Ave
San Diego, CA 92109,2045 Garnet Ave
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$1,725,000

$1,675,000

3.0%
Est.Price: ?

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Est. payment /mo

3,232 Sqft Lot


SOLD DATE : 10/02/2024

Key Details

Sold Price $1,725,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 240014971SD

Sold Date 10/02/24

HOA Y/N No

Year Built 1980

Lot Size 3,232 Sqft

Property Description

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.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Building/Complex Name Pacific Beach

Interior

Cooling None

Fireplace No

Exterior

Fence None

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4240510800

Financing VA

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California Regional MLS (CRMLS)
Listed by Monroe Herington • eXp Realty of California, Inc.
Bought with Richard Hoyt • Real Broker
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