Address available on request
Property Overview
Prime 5- Unit Investment Opportunity| Central San Diego 1014-20 N. 47th Street, San Diego, CA Unlock exceptional value and multiple revenue streams with this well-maintained 5-unit residential income property in a high-demand San Diego market. Ideal for cash-flow investors and value-add strategists looking for strong current returns paired with immediate income growth potential. Key Highlights& Multiple Income Streams: - 5 Residential Units: Solid multi-family layout with a consistent rental history. - Significant Rental Upside: Rents are currently below market, offering a clear path to increase Gross Operating income as leases renew or units turn over. - On-Site Garages: Dedicated garage spaces provide secure vehicle parking or storage- offering an immediate opportunity to generate extra monthly rent per garage space or bundle them for higher overall residential lease rates. -Owned Laundry Income: Owned on-site Laundry Facilities generate approximately $300/ month in steady additional revenue with no third- party lease vendor taking a cut. Pride of ownership ensures low near-term capital expenditures, letting you focus on optimizing income. Conveniently located with quick access to major San Diego freeways, public transit.
Home Details
- Property type
- Residential Income
- Year built
- 1961
- Lot size
- 10,139 sq ft
- Parking
- 10 spaces
- Garage
- 3 spaces
- Stories
- 2
- Days on market
- 9
- MLS status
- Active
- Zoning
- R2
Features & Amenities
Appliances
- Gas Cooktop
- Disposal
- Gas Oven
Pool
- None
Location & Neighborhood
Frequently Asked Questions About Address available on request
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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