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$ 1,884,000
Est. payment | /mo
8 Beds
4 Baths
2,844 SqFt
$ 1,884,000
Est. payment | /mo
8 Beds
4 Baths
2,844 SqFt
Key Details
Property Type Condo
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 2,844 sqft
Price per Sqft $662
MLS Listing ID PTP2502672
Bedrooms 8
Full Baths 4
Year Built 2000
Property Sub-Type All Other Attached
Property Description
DID YOU KNOW? VA Buyers currently approved for approximately $1,000,000+ could likely be approved (due to lower rate & monthly payment) to to take over the lucrative 4.625% ASSUMABLE VA LOAN on this 4-UNIT MULTIFAMILY with very low down/gap required--Inquire for details and specifics of assumption process. Be the envy of every traditional multifamily investor today! Ask about our proven track record getting these assumptions closed quickly and smoothly--it is not as difficult as the internet rumors make it sound. BETTER THAN ZERO DOWN! Enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming. Investment minded buyers love the numbers, potential, & projected returns on this one. Unbeatable returns compared to recent sales!! However, only buyers with full VA entitlement/eligibility to are being considered for the lucrative loan assumption option (multiple offers to assume from non-VA buyers already received and are not being considered at this time--non-VA buyers welcome to offer for cash/new loan). Low maintenance building, highly desirable location, and low operating expenses. Desirable unit mix: 2 of the 4 units are 3BR/1BA each, and 2 of the 4 units are 1BR/1BA. Multiple opportunities to increase NOI & rents with minor value-add improvements AND potential to add 4 additional ADU units (ADU feasibility report available). Onsite community laundry room provides additional income opportunity. Recently renovated units feature quartz countertops, stainless appliances, & premium flooring. Convenient to shopping, multiple li
Location
State CA
County San Diego
Zoning R-4:MULTIP
Direction Turn Right on Comanche Dr from El Cajon Blvd.
Interior
Fireplace No
Exterior
View Y/N Yes
View Neighborhood
Building
Story 2
Sewer Public Sewer
Level or Stories 2
Schools
School District Grossmont Union High School Dist
Others
Tax ID 4700913000
Special Listing Condition Standard
Listed by Frank Karako LPT Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "