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$1,500,000
$1,490,000 0.7%
Est. payment /mo
Sold on 04/18/2025
3966 Teak Street San Diego, CA 92113
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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 250020377SD
Sold Date 04/18/25
HOA Y/N No
Year Built 1953
Property Description
5 CASH FLOWING UNITS! 5.83% and 11.74 GRM on CURRENT INCOME. Potential Creative Financing (inquire w/ listing agent). Excellent low maintenance property in a strong rental market! Front 2br/1bt cottage lives like a SFR w/ no shared walls, laundry, and outdoor space. Back building has 4 1bd/1bt units and front detached cottage 2bd/1bt. Roof has recently been replaced and all units have A/C and tankless water heaters. The property has recently upgraded units, low expenses due to updated systems (back roof, tankless water heaters), low maintenance landscaping, and detached 2br cottage provides an excellent opportunity for a buyer to live in front and rent out back or have solid rental property with sound fundamentals.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Building/Complex Name Logan Heights
Interior
Cooling None
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5463300900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Listed by Jordan Concepcion • Apartment Realty Group (ARG)
Bought with Ruben Aceves • CA-RES
Bought with Ruben Aceves • CA-RES