Property listed by Compass, Sally Schoeffel 858-345-4514
$2,495,000
Exceptional multi-family investment opportunity in the heart of University Heights. 4480–4486 Texas St features four upgraded units, including one 2BR/1BA and three 1BR/1BA residences, thoughtfully improved for long-term performance and tenant appeal. Each bungalow offers remodeled kitchens new appliances and dishwashers, remodeled baths, in-unit laundry, private fenced outdoor space, and… Read More modern conveniences throughout. Extensive improvements include new copper plumbing and PVC drains to the alley, updated HVAC systems, French drains with sump pumps, and a new roof and gutters on 4486. Exterior upgrades include fresh paint, new fencing, and private patios for all units. Additional highlights include split-system HVAC, tankless water heaters (3 units), 4486 has EV charging, and three off-street parking spaces. Ideally located near vibrant dining, shopping, and transit, this turnkey asset blends strong rental fundamentals with future upside in one of San Diego’s most desirable urban neighborhoods. Property consists of four detached bungalow-style units with strong income and significant capital improvements completed. All units are individually metered and feature in-unit laundry and private outdoor spaces. Recently updated kitchens and baths in all units. Desirable central location with walkable access to retail, dining, and transit. Read Less
Listing Snapshot
Days Online
4
Last Updated
Lot Size
0.16 Acres
Year Built
1925
MLS Number
260007432SD
Additional Details
Appliances & Equipment
TanklessWaterHeater
Building
Built in 1925, 4 buildings, 1 storey, Levels: One
Community
Park Name: University Heights
Cooling
SeeRemarks
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $134,436, Net Operating Income: $99,934
Lot
0.1606 acres
Pool
None
Roof
Composition
Taxes
Parcel Number: 4452322700
Tenant Pays
CableTv, Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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