Description
Rarely available 4 Units in Midtown. Walk to India Street which features some of San Diego's legendary restaurants. These 4 units are located in 2 buildings nestled into a charming setting with gardens and a shared deck area. (4) single car garages front Spruce Street for valuable off-street parking and easy access. Current rents are under market. Various development opportunities with this property. For a quick Value Ad - build ADUs on top of existing garages. The unit mix consists of (2) two bedroom / one bath units, (1) one bedroom / one bath unit, and (1) Studio. OPTION / Add additional bedrooms / Make 2 - 3 bd. + 2 ba. Rent at $4000 mo./ $8K mo. / Add bd. & ba. too the 1 bd., Make 1 - 2 bd. 2 ba. $3K mo. / Make Studio into 1 bd. 1 ba./ $2400 mo. / Rent Garages @ $200 ea. / $800 mo. / $14,200. / Projected GSI @ $170,400.
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5BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
Rarely available 4 Units in Midtown. Walk to India Street which features some of San Diego's legendary restaurants. These 4 units are located in 2 buildings nestled into a charming setting with gardens and a shared deck area. (4) single car garages front Spruce Street for valuable off-street parking and easy access. Current rents are under market. Various development opportunities with this property. For a quick Value Ad - build ADUs on top of existing garages. The unit mix consists of (2) two bedroom / one bath units, (1) one bedroom / one bath unit, and (1) Studio. OPTION / Add additional bedrooms / Make 2 - 3 bd. + 2 ba. Rent at $4000 mo./ $8K mo. / Add bd. & ba. too the 1 bd., Make 1 - 2 bd. 2 ba. $3K mo. / Make Studio into 1 bd. 1 ba./ $2400 mo. / Rent Garages @ $200 ea. / $800 mo. / $14,200. / Projected GSI @ $170,400.
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