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$ 1,500,000
Est. payment | /mo
10 Beds
5 Baths
$ 1,500,000
Est. payment | /mo
10 Beds
5 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Encanto
MLS Listing ID 250038188
Bedrooms 10
Full Baths 4
Half Baths 2
Year Built 1979
Property Sub-Type Res Income 2-4 Units
Property Description
Rare 3-unit property in Encanto on a quiet street surrounded by primarily single-family homes. The main residence, built in 1979, offers 6 bedrooms and 2.5 baths (originally 4BR with a 2 Car Garage), in-unit laundry, and leased solar panels. Two additional units were newly constructed in 2022—a 2BR/1.5BA townhouse-style with loft and a 2BR/1BA with modern finishes. Both feature minisplit A/C, upgraded interiors, and are separately submetered for water. All three units also include individual water purification systems, and the owner has implemented a RUBS program for utilities. With a strong 5.5% cap rate, this property is an excellent investment opportunity or a great option for an owner-occupant to live in one unit while renting the others.
Location
State CA
County San Diego
Area Metro Central
Interior
Cooling Zoned Area(s)
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 549-593-13-00
Listed by Jordan A Concepcion Apartment Realty Group (ARG)
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